Prepare
10 Smart Money Steps Middle Class Families Can Take to Prepare Their Kids for Success
On a popular financial planning forum, someone shared that they are the parents of a two-year-old child and are looking for the best ways to arrange their financial future. The poster explained that they live comfortably, have little debt, don’t pay their mortgages, and are saving money for retirement. So how can middle-class families best […]
What is a recession and how to prepare for it?
Let’s be formal: According to the National Bureau of Economic Research, a recession is a significant economy-wide decline in economic activity lasting more than a few months, usually reflected in real GDP, real income, employment, industrial production, and wholesale trade. -retail. Another common definition of a recession is when the economy contracts for two consecutive […]
How to Prepare for a Recession
It is likely that you have already experienced the effects of a recession. After all, from February to April 2020, the whole world experienced a huge financial downturn due to massive restrictions and economic inactivity caused by the COVID-19 pandemic. Now, as inflation continues to skyrocket and the Federal Reserve tries to tame it, there […]