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Tips for Surviving a Recession (What to do BEFORE You Get Laid Off)

I thought Lance’s article on surviving a layoff contained some real quality advice, so here’s my two cents.  The best defense, they say, is a good offense, so I’m going to focus on what the BF and I are doing now to ensure our financial future whether or not we get laid off.  The two biggest expenses we have are our debt (credit cards and student loans) and our house, so our plan is twofold:

  1. Maximize our debt-payoff strategy, and
  2. Minimize our monthly expenses

Continued

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