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Blogs by Zada Connaway
Depression or recession? 2/27/2009 9:48:07 AM
There is hope. No matter what you call the financial ordeal right now, it is stressful for everyone.
In these times, it is easy to blame others, especially those closest to us. I would expect domestic violence and abuse to escalate now.
If you have high interest rates especially on credit cards, call the lendrs and try to persuade them to lower those rates. sometimes this works well. They would rather lose a little interest then lose your business or have you file bankruptcy. And either throw those cards away or lock them up where you can't easily use them.
You can also pay more than the minimum due on your balances. The sooner you pay it off, the sooner you will be feeling relief.
There have been depressions and recessions before. We will come out of this, but in the meantime, be kind to those around you and especially yourself.
As you go out in the world, your smile can brighten your little corner of it!