Comments on: Four Financial Moves to Prepare for a Recession http://thefamilywallet.com/2008/08/four-financial-moves-to-prepare-for-a-recession.html Money Tips For Your Family Thu, 11 Feb 2010 00:45:58 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Carnival of Personal Finance #167 - Highlights from the Beijing 2008 Olympics — Broke Grad Student http://thefamilywallet.com/2008/08/four-financial-moves-to-prepare-for-a-recession.html/comment-page-1#comment-333 Carnival of Personal Finance #167 - Highlights from the Beijing 2008 Olympics — Broke Grad Student Mon, 25 Aug 2008 11:05:52 +0000 http://thefamilywallet.com/?p=67#comment-333 [...] Four Financial Moves to Prepare for a Recession [...] [...] Four Financial Moves to Prepare for a Recession [...]

]]> By: Sam http://thefamilywallet.com/2008/08/four-financial-moves-to-prepare-for-a-recession.html/comment-page-1#comment-233 Sam Fri, 22 Aug 2008 16:34:37 +0000 http://thefamilywallet.com/?p=67#comment-233 Additionally, pay off debt. If you lose your job in the coming recession, debt will be an absolute anchor. Start paying off as much debt as possible. You may also want to increase your emergency fund. If you get laid off (which is pretty common during recession), at least you will have something to last until economic conditions improve. If you don't have an emergency fund, start one immediately. In order to pad your emergency fund and pay off debt, you will really need to watch your spending. Sam Fix My Personal Finance http://fixmypersonalfinance.com/ Additionally, pay off debt. If you lose your job in the coming recession, debt will be an absolute anchor. Start paying off as much debt as possible.

You may also want to increase your emergency fund. If you get laid off (which is pretty common during recession), at least you will have something to last until economic conditions improve. If you don’t have an emergency fund, start one immediately. In order to pad your emergency fund and pay off debt, you will really need to watch your spending.

Sam
Fix My Personal Finance
http://fixmypersonalfinance.com/

]]> By: Four Financial Moves to Prepare for a Recession http://thefamilywallet.com/2008/08/four-financial-moves-to-prepare-for-a-recession.html/comment-page-1#comment-217 Four Financial Moves to Prepare for a Recession Thu, 21 Aug 2008 13:03:40 +0000 http://thefamilywallet.com/?p=67#comment-217 [...] Original post by D.J. [...] [...] Original post by D.J. [...]

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