recession

Own A Recession-Proof Business, Find Business Success in Bad Times

Despite the layoffs, credit crunches, and market anxieties that have affected some businesses, others have managed to prosper. How about let’s take a look at some of them! Recession-Proof Business Ideas: Find Business Success Even In Bad Times #1 Mechanics and Repair Shops If you’re planning to buy a car, note the costs first. Rather …

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Richest CEO Paycheck Last Year? Paid To Motorola’s Sanjah Jha

The news is out that the average compensation for CEOs has finally dropped for the first time in five years. Great! Now the highly paid corporate servants are only receiving a compensation package worth $10.8 million on average, instead of $11.3 million: the decrease has been a measly 5%! Despite such a “cut” in compensation, …

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Positive Personal Financial Planning Strategies During A Down Economy

The Dow has been very volatile lately — cratering for a few weeks, but now making up for massive losses. The Feds are pumping more billions into failing big banks, and bailing out the notorious insurance company called AIG, the financial colossus known as Citi, as well as our greedy automakers. What is one to …

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Consumer Confidence Index: Any Signs Of Economic Recovery?

When will the consumer confidence index show us signs of an economic recovery? The generally negative news in the financial markets has a hidden silver lining, just as the buoyant and overoptimistic news of the stretch between 2002 and 2006 concealed the impending crash. It is not a matter of wishful thinking, but a view …

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Would You Go Into Business For Yourself During This Recession?

The recession is in full swing. Do you have the guts to go into business for yourself? I recently read a magazine article that surprised me, although I should be surprise-free after so many years. In the middle of one of the worst economic downturns, with jobless rates above 7%, several people have made a …

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How To Shop For Groceries, Debt Lessons, Recession Blues: The Roundup

Have a bit of time for a roundup right now, then I’ll be off to do my asset allocation plan — we’re doing some portfolio adjustments right now…. Here are some favorite reads around the web this week: My Two Dollars: With money tight, how about sharing tools with your neighbors for various projects or …

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