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Tag: recession

How to recession-proof career with education

How to recession-proof career with education

Career
Wondering how to recession-proof a career is on many minds today. This is a result of the current state of the economy and the high unemployment rate in this country. Fortunately, some employment has bright areas, while others are searching for the light at the end of the tunnel – a recovering economy. As a result, many people are exploring continuing education opportunities for improving their job skills. Enrolling in continuing education programs provides the best opportunity to learn the latest trends in a career field, along with improving on the foundation of current employment skills. This is important regardless of trying to recession-proof a job or not. Employers retain employees who are aware of the latest industry trends which facilitate increased productivity and improve ...
Global financial crisis promotes frugal living

Global financial crisis promotes frugal living

Finance
The media is rife with stories of the negative impacts of the Global Financial Crisis, but there have been many new developments of a more positive nature that do not get coverage in the tabloids or gain airtime in the electronic media. Upside to the GFC - Lower Interest Rates Increase Housing Affordability Interest rates are down, considerably. The cost of a mortgage is well down on the rates being charged just eighteen months ago. Monthly repayments on variable mortgages are lower in line with lower interest rates, and if the repayments have remained the same the principal of the loan is reduced as the interest component of the repayment is a lesser proportion of the monthly installment. This allows the homeowner to get ahead, and create some contingency to delay payments for a whi...