Same here. Never thought I would pay cash for computers and furniture(office and household). For the last two months or so, very little funds are going through my bank accounts. Creative measures are enforced by just cashing cheques and paying directly into creditors accounts. Bank charges have dropped by 40%!
Some credit cards have been paid up. HP agreements settled, and I remain positive about my own financial future. I am advising clients not to seek bank finance for business expansion. Of course as far as Homeloans and Vehicle Finance is concerned, the banks remain the only option, although vehicle dealers are also becoming creative, and circumventing the banking system(especially second hand dealers).
But credit cards, overdrafts, and other trivial financing "rip-offs" can go.
Hope people can remain committed to their own financial "systems", even in future when things might improve...
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