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How to Prepare for a Recession

Success

Talk of a recession might have some people remembering the fear and hardships of the Great Recession in 2008, or even the disruption of the COVID-19 recession in 2020 , which lasted only two months. One of the best things you can do to prepare for any financial downturn is to pay off your credit card or other high-interest debt.

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Small Business World News Round-up – 2009/12/15

The Small Business Blog

RBI draws flank from panel : The carte blanche given to private and foreign banks by the Reserve Bank of India to charge interest rates on credit cards at their whims and fancy has come in for severe criticism by the parliamentary standing committee on finance. — ST. Digg Furl Netscape Yahoo!

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Small Business World News Round-up - 2009/11/03

The Small Business Blog

Small business credit cards flourish as loans disappear : Want a loan for your business? That’s about all banks are going to offer — and the terms are much less favorable than traditional lines of credit. Hit the plastic. Digg Furl Netscape Yahoo!

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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

Success

There is an escape from the Money Panic, and it doesn’t involve selling off retirement investments or increasing your credit card limit. Your part-time consulting job likely won’t cover all the bills, so you may need to cut the fat from your household budget. Secure a “consulting” gig.

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