Surviving the Great Recession

It doesn’t take a rocket scientist to convince you that the economies of the world are struggling, and even in America, it appears as if there is no hope in sight. The rather appropriate term “Great Recession” is frequently used in the home to describe the turn in financial mood that began in 2008. Recent college grads, senior members of the workforce, and even those self-employed all blame their loss of income on the Great Recession.

What is a person to do to establish a firm financial ba...