Con­tent Type — blog

cat­e­gory — charge offs free­dom fix credit fast suc­cess stories

I am hop­ing this blog entry will arm you and your fam­ily with some reces­sion proof ideas that you can eas­ily imple­ment. Have you heard? Are we going in to a recession?

• unem­ploy­ment is going up
• con­sumers are afraid to spend money
• Stock mar­ket is going hay wire
• Value of homes are declining
• Depres­sion is on the raise

We are here to encour­age you not to go and get a pill to eat to swal­low your fear. We don’t want you to numb out and watch vio­lent movies. We want you to do a real­ity check OK. Sci­ein­tific amer­ica says that there are 10 % of the pop­u­la­tion that is suf­fer­ing from depres­sion. We are here to tell you don’t worry. By sub­scrib­ing to my feed, hit the orange but­ton under the head­line syn­di­cate and we are going to give you amaz­ing cop­ing strate­gies. Not only will we tell you how to keep your home, your job, keep increas­ing your net worth. Keep com­ing back and we will share with you how to get off the fear track and onto the pros­per­ity track

First step – Elim­i­nate your Debt load

I know that sounds obvi­ous. The best way to not be at the mercy of your cred­i­tors is pay down your credit card debt, and any other high inter­est debt you may have. Have you heard of cut­ting dis­cre­tionary spend­ing. That means instead of plan­ning a vaca­tion to maui or the car­ribean maybe every­one should get their camp­ing gear out and go camp­ing. There are some camp­ing sites all over Amer­ica that is free. Some folks will defer pay­ing off credit card in favor or putting more money in stocks or mutual funds. What if the stock or mutual fund port­fo­lio does not pay off. Unless you are a savvy day trader of have inside infor­ma­tion. IT is hard to stay abreast of what stocks to buy. Many invest­ments can yield low or no returns this year. Pay off those credit card bal­ances. If you hap­pen to have an emer­gency fund, think of even tak­ing it out to get rid of all credit card debt. You may be scared to do this in a shaky econ­omy. You are say­ing what if I lose my job. In the upcom­ing months I will share with you how you can have a work at home busi­ness and how it can be more sat­is­fy­ing than hav­ing a job.