Om Inflation Ate My Paycheck 11
We all believe we will survive the recession with everything intact. But the recession will kick our "behinds" and take names.
Therefore, we must prepare and then over-prepare. Two things we can do are reduce spending and increase savings.
We can reduce spending by cutting our budget and living deep below our means. It sounds boring, but nothing excites me like having money in the bank.
We can increase savings by using a high-yield savings account. HYSAs will allow the banks to save money toward our goals. There is nothing better than free money, especially during a recession. Good Luck!
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