The National Bureau of Economic Research has announced that we’ve been in a recession since December 2007–a year now! While you’ve no doubt heard it’s been coming, now it’s time to prepare for what it really means. Here’s a few starting points that can help you survive (and maybe even thrive) in a recession:
Since talk has shifted from ‘heading into’ to ‘knee deep in’ a recession, the Wallet has some tips for what to expect in a recession.- If you’re heading for college soon (or have kids who are) and are worried about paying for it, learn how to save a boatload on college.
- If you’re running your own business and growing concerned, you may want to read this First-time CEO’s recession survival guide. This particular CEO is in the real estate industry, which has been hit hardest so far.
- What about Christmas shopping in a recession? Sadly this year it already cost a Wal-Mart employee his life, maybe it’s time to re-think the real meaning of the holidays…
That should keep you busy a while. How has the recession affected you? Are you worried about it? Leave a comment!
