Dealing with Less Income? Here's Some Advice

Summary


NEW YORK - With some experts predicting the economy is already slipping back into recession, now's the time to make sure you and your family are prepared to handle another downturn.

Recent data show that families have already hunkered down, so how can they prepare for even worse times?

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Extract


Dealing with Less Income? Here's Some Advice

Start by assessing the health of your household finances and job security. Then lay out a plan to handle critical and long-term risks to each. Here are some guidelines:

Finances

In general, there are two ways to find savings when it comes to regular spending...

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