What to do to survive the recession? Build wealth
Since many more economists are now warning about the serious structural problems in our economy (that the war in Iraq is keeping out of the public consciousness), it occurred to me that Stanley and Danko's advice on money management and life style also apply to protecting you and your family from economic downturns. I am old enough to have lived through several economic "boom and bust" cycles, and one thing that has always caught my attention is that during "boom" economic times, a lot of people seem to believe that the good times will never end. In fact cycles are natural, should not be feared, and should be planned for.