For the first time since the Great Depression in the 1930s, per capita consumer spending has declined for 2 consecutive years. A new study completed by Booz & Co. showed that consumers are spending less during the recession. The question is whether this reduced spending level is temporary or reflects … [Read more...]
Planning for College Tuition in Tough Economic Times
January 26, 2010 By Leave a Comment
Just because there is a recession going on does not mean college should be postponed. But it can be challenging to save for college tuition when economic conditions are so uncertain. … [Read more...]
Don’t Get Caught Up In The Recession Debt Mindset
November 20, 2009 By Leave a Comment
It seems as though everywhere you turn people are talking about how times are hard. This message is on TV, in the newspapers, and is being talked about by people from every walk of life. It can be easy to get caught up in the feeling that things are hopeless and that things are never going to change. … [Read more...]
Joblessness Taking Toll On Recovery Efforts
July 27, 2009 By Leave a Comment
Amidst the discussions on so-called jobless recovery that is on the horizon for the U.S. economy, the important point is missed. … [Read more...]