|
|
Posted by copey on Wednesday, April 01, 2009 at 18:10:45 :
Since recession is imminent , there are ways to make your self recession proof . I go from flush to thin on variable market conditions and have had to protect myself from starvation or, much worse . There are a great number of books on this subject “how too “ . I draft a budget and stick to it , consolidate high credit cards into long term loans . I will refinance any upcoming mortgages before the rates jump and have clauses to pre pay them down or off ,when flush . Borrow before your laid off don’t try it after you receiving benefits . Keep that credit rating up if it slips, you’ll drown . Find a bank that has a “real manager “ and get to know him very well .Make any major purchases with cash , money talks bul$hit walks you will be surprised in tough times (cash)how far your dollars go . Groceries shop the specials example dish soap was 2.79 the next week a dollar forty nine stock up and save . Same on all your groceries you can save $$ . Don’t wait to start a program to fight the upcoming situation .Change is hard repetition means practice and that equals success and can make a dramatic increases the chances of being a have and have not ~ Copey
Follow Ups: