Preparing for Worse Times Ahead
While we would all hope that the economy is going to get better soon, the reality is that it will probably get worse before it starts getting better. Leading analysts say that it may be 2010 before we can expect an improvement. This means that there will be further job losses, higher prices and the possibility of shortages as business fail and manufacturers have to reduce their production. To give yourself peace of mind, start doing what you can to prepare. Ideally, you should have three to six months of living expenses squared away in an emergency fund. While this … Continue reading