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How To Survive a Recession Essay

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Below is an essay on "How To Survive a Recession" from Anti Essays, your source for research papers, essays, and term paper examples.

How to survive the current economic recession
Losing jobs and inflation are the consequences of a recession. There is an economic recession which is hard for people to survive, but you can do it if you follow these steps. The first step which can help you survive the current economic recession is to insure your income whenever the recession happens. First, you need to protect your career. During the recession, the economy goes down, and annual profits of many companies decreases. Therefore, people will lose their jobs due to the lack of job vacancies. If you want to keep your position, you have to work harder and develop your skills. You also need to search for a job because you do not know when you will be fired. To be able to find a job, you have to update your CV, contact your friends or colleagues for job opportunities, and know where you will apply for a job. Next, if you have a second job, keep doing it because extra money will support you a little bit when you are unemployed. You can find extra money by many ways such as home business, selling something on eBay, or making money online. When you make sure that you completely understand how to protect your income, move to the next step and start reducing your expenses. In this step, you need to check where you spend money. If you can determine the way you use money, you will be able to manage your budget more efficiently. Then, unnecessary things such as sodas, snacks, or movie tickets should be deleted from your spending list. Those things just seem to cost you a little bit of extra money, but when it becomes your routine, that will be a lot of money. Next, you should save any kind of the resources like gas, water, and electricity. Nowadays, people usually use their car to go to work or shopping. In spite of its benefits, a car uses a lot of gas which is expensive during recent days. Therefore, you need to walk whenever you can to save money. Moreover, you can reduce the payment for water by repairing any...

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"How To Survive a Recession". Anti Essays. 19 Dec. 2018


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How To Survive a Recession. Anti Essays. Retrieved December 19, 2018, from the World Wide Web: http://cassandralynndesignllc.com/free-essays/How-To-Survive-A-Recession-139003.html