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Ask an economist to define recession for you and chances are, they’ll tell you
that it is a state of the economy where it declines for at least 6 months. But
that’s just a pretty, picture-book definition. Recession can affect not just
cities and countries, it can also affect individuals and families on a more
personal level.
To help you implement tax and personal anti-recession steps,
here are things you can do:
Start saving. Now.
If you have a nest egg stashed somewhere, good for you. Boost it with more
savings. If you don’t, it’s time to …