Advertisement
Financial Planning

How to Survive This Recession

We asked people facing financial hardship to tell us their stories and share how they're coping.

Many have been affected by the recession -- but not in the same way. Some face mortgage troubles and owe more than their house is currently worth. Others face a job layoff. And in a tough economy, budding professionals face a land of less opportunity.

To provide the most valuable insights and resources for surviving this recession, we take a look at the most common hardships -- and offer steps you can take to lighten the burden. The result is this five-part series below.

Advertisement - Article continues below

Each page has two components: a real-person profile and a practical advice section from which anyone can benefit. Plus, you can take our Recession Survival Quiz and listen to the writers in our audio Covercast. And remember, we welcome your comments and questions -- please add them to the Comment Boxes on the following pages.

Survive This Recession

"I Lost My Job"

Networking is crucial. So is smart money management.

"I Owe More Than My House Is Worth."

A homeowner looks for ways to stay afloat.

"My Retirement Savings Are Gone"

The solution: Trim expenses and keep socking away cash.

"I'm Buried in Debt"

To dig out, cut spending and get counseling.

"I Can't Get Started"

Striking out on your own takes a well-laid plan.

Advertisement
Advertisement

Most Popular

What Trump's Payroll Tax Cut Will Mean for You
Tax Breaks

What Trump's Payroll Tax Cut Will Mean for You

President Trump issued an executive order to suspend the collection of Social Security payroll taxes. How much could it save you?
August 13, 2020
8 Things You Must Know About Retiring to the Carolinas
retirement

8 Things You Must Know About Retiring to the Carolinas

From the mountains to the beaches, North Carolina and South Carolina offer retirees plenty of incentives.
August 14, 2020
7 Surprisingly Valuable Assets for a Happy Retirement
happy retirement

7 Surprisingly Valuable Assets for a Happy Retirement

If you want a long and fulfilling retirement, you need more than money. Here are the most valuable retirement assets to have (besides money), and how …
August 3, 2020

Recommended

Vote by Mail: A State-by-State Guide to Absentee Ballot Voting
Politics

Vote by Mail: A State-by-State Guide to Absentee Ballot Voting

With health authorities recommending people continue to social distance, the idea of voting by mail is becoming an increasingly hot topic.
August 4, 2020
Election 2020: Joe Biden's Tax Plans
taxes

Election 2020: Joe Biden's Tax Plans

With the economy in trouble, tax policy takes on added importance in the 2020 presidential election. So, let's take a look at what Joe Biden has said …
July 22, 2020
Answers to PPP Loan FAQs (Now That There's Fresh Funding for the Loans)
small business loans

Answers to PPP Loan FAQs (Now That There's Fresh Funding for the Loans)

Small business owners are getting another crack at Paycheck Protection Program loans. Here are answers to some frequently asked questions about the lo…
July 21, 2020
Travel Planning in the Time of Coronavirus
Travel

Travel Planning in the Time of Coronavirus

Insurance may not cover canceled vacations, but airlines and hotels may be flexible.
June 11, 2020