In the midst of a recession, it’s easy to feel like things will never get better. The news is filled with reports of layoffs and stock market declines, the atmosphere at work is somber, and talk about the economy even makes its way into the TV shows you watch to get away from it all.
But instead of just sitting around and feeling miserable or doing nothing and hoping for the best, there are steps you can actively take to improve your financial situation during a recession, when money is tight, that will continue to help you in the long run, when things ease up.
Learn strategies for reducing your taxes
If your employment situation and your life situation are very simple, there proba...