Don't think there is any difference in budgeting between the good times and a recession, if you go by the word 'budgeting'. I will do this - know what income will be available and then apply it in the sequence of essentials (or must pay, like utilities, food, etc.) first, and then comes what expenses or purchases one needs to buy with the balance of funds. Don't think there will be anything left to save in times of a recession, but this is my view only, of course.
Please read my hub on Government Spending and taxes during recession.
http://hubpages.com/hub/Government-spen … -recession
by Jack Lee3 weeks ago
How can the GOP sign this bill and claim they are for fiscal responsibility?If winning elections and maintaining majority in both Houses of Congress means giving in to demands of the minority, then we might as well vote...
by Castlepaloma3 years ago
If you think this government is working. Please explain to anyone why the average person earns less wages today, than 35 years ago? Why is the cost of living gone up ten times? Most people do not like their jobs...
by Kena6 years ago
Economics questionIf you were to make a large purchase such as a house or a car, would you rather make this...purchase during a recession or during an economic strong time?
by whonunuwho5 years ago
Why is it that in times of war, there seem to be more UFO sightings than at other times?When world problems, such as wars take place, do we see more instances of UFO sightings?
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