Recession Planning
I was talking to a friend this week who is very worried about the economy. She is a stay-at-home mom and they rely entirely on her husband’s income. Recently there have been lay-offs at his workplace, so they are incredibly worried about their financial stability. She told me she was going to start stocking cans of food, “just in case.” That totally took me back… stocking cans of food?? This family has tons of money in investments, so even if her husband lost his job… they would have a large savings, plus unemployment income to live off. Still, she was … Continue reading