Sunday, April 6, 2008

Are we already in recession?

As if we needed any reminder that times in America have changed, there is further evidence that the nearly decade-long rally of prosperity and reduced crime has ended.
We are officially in a recession, experts said last week, after months of speculation and hundreds of thousands of layoffs. At the same time, many big cities, including Los Angeles, Chicago, Houston, Boston and Pittsburgh are reporting an increase in homicides this year, potentially signaling an end to the slide in violent crime.
Here are few tips to survive in recession
1- Always have a budget
2- Buy only what you really need, not what you want.
3-Keep track of all your expenses.
4-Put 10% of your income into your saving no matter what.
5-Stop dinning out; gather your family around a nice home cooked meal.
5-When you live your house be very careful; keep your belongings close to you
JUST BE ALERT ALL THE TIMES AND SAVE THE MAXIMUM YOU CAN!!!!!!!!!!!

2 comments:

Coeur Afrique said...

Thanks so much for your tips Kemi!!!!

SBVOR said...

Sorry, it is increasingly unlikely that we are currently in a recession:
The Recession of 2008 That Wasn’t?