Do you like a challenge ???

If your under 30 this is probably your first experience of economic downturn & recession. You may begin to notice things you've never seen before. House "For Sale" signs up for months, previously thriving businesses closed down, empty restaurants & pubs, people retreating back to their living rooms, hunkering down as the large black cloud of recession glides across the sun & blots out all hope......

But hang on, it ain't all bad.

look at petrol prices - less than 95p !

Energy costs will be down too !

Food is becoming cheaper in the shops & there are bargains galore on the high street, in fact if you manage to hold on to your job in a recession your laughing, as competition for consumers intensifies prices will decrease across the board, interest rates too will fall as the government rescue funds stimulate fiscal flow.

So what to do if you are made redundant:-

1) Don't give up - you are not alone.
2) Reduce all unnecessary outgoings.
3) Prioritise your debts - make sure you pay the mortgage.
4) Update your C.V & join "Monster"
5) Be flexible - consider contract work.
6) Think about moving.
7) Update your skills.
8) Don't give up (again)

We are all in for a tough time but will come through it leaner & fitter to face the future.

No recession lasts forever & one day the sun will once again be glimpsed through the clouds.