6 Tips to Help You Thrive in a Recession

6 Tips to Help You Thrive in a Recession

By Courtney Rosenfeld Nobody wants to see a recession happen, but it’s always a possibility when the economy is unstable. Research shows that recessions are linked to higher unemployment rates, less consumer spending, and an increase in financial stress. Even if a recession is inevitable, though, these experiences aren’t. You can develop your resilience and come up with strategies to weather the storm. Check out the following six tips from Black Hills Financial Planning that will help you thrive, even if you’re in the middle of a recession. Managing Money More Effectively Create a budget —...

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