7 Ways to Boost Your Local Economy ...

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Everyone wants their local economy to be vibrant and strong, but with the global recession, it’s harder and harder to figure out how to do keep it going. It’s also tempting to give in and buy everything from Wal-Mart, who promise low prices and seem to have a new store opening everywhere, all the time. But don’t do it! The first step in helping your local economy is to shop at small, local businesses… and there are a lot more things you can do, too. Here are 7 ways to boost your local economy.

1. Shop Local

Shop Local

Photo Credit: AXEHD

This doesn’t mean shopping at the Wal-Mart that just happens to be closest to you. This means shopping at local small businesses, like farmer’s markets, mom and pop restaurants, and anything that’s not a large chain. My favorite local business is Shine, a tiny boutique in Royal Oak, Michigan that sells jewelry, home goods, gifts, and candles. I’m sure if you look, you’ll find a Shine-type shop near you! And every dollar you spend at your own Shine-type store stays local, strengthening your own local economy.

Bank Local
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