[quote=gracie]so…if we are going into a recession…how best to we prepare for it? I noted on other sites that people were recommending stocking up on food; do you make a major purchase…say a new dishwasher or car now…or wait.
What are you folks doing to prepare for a bad economic time?[/quote]
Make sure you don’t get laid off during this recession. That you have cash reserves to pay rent/utilities/grocery bills for 6 to 12 months if necessary. Avoid luxury purchases.
