The New Recession Personal Finance Plan
Did you hear the news? We’re officially in a recession. It’s time to roll out my patent-pending Recession Personal Finance PlanTM:
Don’t change a thing.
If you’re following the Baby Steps like good Dave teaches us, then you’re doing things right. While most people are scrambling trying to cover the holes left by their previously “leveraged” debt of borrowed money, you can sit back in comfort knowing that nothing provides more leverage than your own money sitting in a bank or mutual fund somewhere.
It just goes to show you, in good times or bad, you can never go wrong living within your means.
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Shan is the author and founder of The Apostle of the Turtle.
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