24th Jan 2008
Surviving a Recession
Yes, I’m sorry, but it appears to be time for Tips for Surviving a Recession. I know we don’t want to hear this or think about this, but I sincerely believe it is still happening.
Tips include:
- Build your emergency fund.
- Pay off your credit cards.
- Increase your income, if at all possible.
- Don’t buy a new home without selling the old home.
- Don’t quit your job without finding a new one.
That’s my summary, but there is more at Tips for Surviving a Recession, including things to tighten in the family budget.
My favorite quote from the article deserves to be called out with a snarky reply:
“I have a friend who just lost her job. She is having a ball selling a whole bunch of stuff on eBay, everything from a gold Cartier watch to smaller things,” says Kit Yarrow a marketing and psychology professor at Golden Gate University.
Oh, Kit, I’m sure your friend is “having a ball” selling her possessions on ebay. Perhaps the words just came out wrong? Say it’s so. Please.
Resources
Recession? Maybe.
Recession Proof Financing
Recession Ready Advice: Careers
The Brazen Careerist
Yes, I’m sorry, but it appears to be time for Tips for Surviving a Recession. I know we don’t want to hear this or think about this, but I sincerely believe it is still happening.
Tips include:
- Build your emergency fund.
- Pay off your credit cards.
- Increase your income, if at all possible.
- Don’t buy a new home without selling the old home.
- Don’t quit your job without finding a new one.
That’s my summary, but there is more at Tips for Surviving a Recession, including things to tighten in the family budget.
My favorite quote from the article deserves to be called out with a snarky reply:
“I have a friend who just lost her job. She is having a ball selling a whole bunch of stuff on eBay, everything from a gold Cartier watch to smaller things,” says Kit Yarrow a marketing and psychology professor at Golden Gate University.
Oh, Kit, I’m sure your friend is “having a ball” selling her possessions on ebay. Perhaps the words just came out wrong? Say it’s so. Please.
Resources
Recession? Maybe.
Recession Proof Financing
Recession Ready Advice: Careers
The Brazen Careerist
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