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Since March 2001 more than one million North Americans have lost their jobs. In December 2001, the fourth-largest corporation in America declared bankruptcy. The stock market has lost more than 30 percent of its value in the last year. There is widespread turmoil internationally. We are headed for a recession.
How does a recession affect you and what can you do to protect yourself and your assets?
How To Survive The Recession is written in a clear and straightforward way, covering everything you need to know about a difficult economic downturn:
Anatomy of a recession
- How do the experts define a recession?
- What happens to average people in a recession?
- History of recessions in the twentieth century
Debt management
- How to create a budget and stick to it
- Paying down debt; debt counselling; bankruptcy
Job security and retention
- Seven steps that will help you keep your job
- How to determine whether your company will survive
- How to determine if your company will be downsizing
Investing
- What types of investment are secure during a recession?
The book also includes forms to help you create your own budget. It provides valuable resources such as debt counselling services, bankruptcy information by province and state, and helpful Web sites.
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