Prepare for a Recession - Make Yourself Recession Proof
The thought of recession is scary....the reality of recession is terrifying! Are you prepared? Do you have a recession proof job? Are your finances recession-proof? What is the best type of job to have in a recession?
The first step in preparing for a recession is to be proactive. Read a Recession Survival Guide and get the tips you need to prepare...
If you want to learn how to make yourself recession-proof, you are in the right place!
Skip ahead to recession info on this page:
Recession Proof Your Finances
Recession Video
Are We in a Recession? Cast your vote
Recession Proof Jobs
Recession Proof Business Idea
Recession Proof Jobs - My Dream Job IS Recession-Proof
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Are Your Finances Recession Proof?
Don't panic. Here are some tips to help you prepare financially for a recession.
Start Building an Emergency Fund - Today!
Recession is scary, and the best way to calm yourself is by knowing you have money tucked away in case the worst happens.
Start saving for a recession now and don't be caught unprepared.- Get Out Of Debt
If there is any way possible, get as much of your debt paid down as you can. Recession causes us all to tighten our purse-strings. When the cost of living goes up, and income goes down, it is very easy for that presently manageable debt to snowball into destruction. - Get Professional Advice
Don't know which direction to head in order to protect your finances in a recession? See a financial planner NOW - be proactive about protecting your finances.
Recession 2008 - A Video
Recession 2008
I think this is the start of recession 2008. I will revisit this video one year from now in Jan 2009
Runtime: 9:40 | 2890 views | 6 Comments
Do You Think We Will Have a Recession in 2008?
Give your opinion....
Do you think we are on our way to a recession? Are we already in a recession? Or do you think this is all blown out of proportion?
Leave your opinion here on this poll and then see how others voted.
"Is Your Job Recession-Proof?
What are the best recession proof jobs?"
Recession Proof Jobs
What kind of jobs survive a recession?
It comes down to whether your job is based on a living necessity or not.
Common necessities in life are food and shelter. Even in a recession, we still need to eat, we still need to (keep) the roof over our heads.
Even in a recession we still need health care and protection from law enforcement.
Government jobs are traditionally recession-proof, too. As are jobs that make and save money for others.
On the other hand, jobs that involve a consumers 'disposable income' tend to feel a serious pinch in the event of a recession. Consumers do not HAVE to go out to eat or to a movie, but they still have to pay taxes, pay the mortgage, and take their kids to the doctor.
Recession proof jobs are hard to come by.
Recession Proof
Business
Ideas
Recession Proof Business Idea of the Month
A Cotton Candy Business
Yes, it's true. A legitimate home based business can offer your family...and your finances...and lot of tax savings opportunities. Any chance to save money and open up more savings - and EARNINGS - potential is a great way to recession proof your life.
What makes a home business legitimate?
There are many misconceptions as to what makes a home based business legitimate from our governments perspective. Did you know that if you have a home-based business that you run with the intention of making a profit and work that home business for about an hour a day/5 days week, that your home-based business IS legitimate and qualifies YOU for deep tax savings?
A home business expert over at Home Tax Savings told me that...and they have a ton more advice and tax tips to save us all a lot of money.
Hey, it's law that we have to PAY taxes...but no where does it say we have to OVER pay our taxes!
Because of these amazing tax, and LIFE, benefits that we can all enjoy from owning our own business, I highly recommend everyone finding a home-based business to better prepare for recession.
RECESSION PROOF BUSINESS IDEA
Ever thought about a Cotton Candy business? Me neither! A little bit of research showed me that this business idea has a VERY high profit margin!
The start up costs are low, the over-head is low...and you are more in control of your own financial future by being a small business owner!
A cotton candy business can operate at fairs, carnivals, sports event, school events, school fundraisers, parties.... you can even rent your cotton candy machine out to earn money with NO work on your part!
The cotton candy business is so evolved that you can even cater to the organic and Kosher cotton candy lovers. Yes, they make organic cotton candy flavorings, too!
Want more info on a Cotton Candy business?
Read more about this recession proof business idea at Cotton-Candy-Supplies.com.
Quick Links
Why Start a Cotton Candy Business?
Cotton Candy Business Articles and Resources
Cotton Candy Business - Business Plan
Recession Proof Your Life
The Guestbook
Have any recession tips you'd like to share? What kinds of things do you and your family do to make yourself 'recession-proof'?
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RecessionSurvivalGuide
I'm one of your OWM students and thanks to you, I'm making lenses and blogging and soon I'll be making money at it. That's my recession plan.That cotton candy biz sounds good too. I'll check that out also. Thanks for all you do to help us newbies. Posted October 10, 2008 |
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Kyle_MacRannell
Great lens PotPieGirl, Posted August 17, 2008 |
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Sonoma
1. Education is an area that always grows in recessions and even depressions. People change jobs and have to be retrained. If you can teach in an area that is strong during a down turn you will have a job. Posted March 21, 2008 |
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Want to learn how to survive a recession?
Read this Recession Survival Guide
