A recession may be coming, but there are 3 reasons I'm not worried about it - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

I'm only 30, so I've got time to wait out the market

, but I also live in an area with very low unemployment, which means I'll likely be able to find work if I need it.

That's right: I plan to carry on with my finances just the same, whether there's a recession or the economy is booming. Here's why:One of the biggest fears during a recession is that jobs will disappear. That's terrifying. Being unexpectedly laid off can turn your whole world upside down . However,Being a freelancer is often thought of as a less-secure career option, but with a potential recession looming, it makes me feel more safe than if I was working a traditional job.

For example, home prices are already low in my area. If a recession hits, it's unlikely that they'll tank even further. Even if they did, the fact that I paid bargain prices forIn addition, the unemployment rate is very low where I live. I'm in New Hampshire and border Vermont . More importantly, I likely won't be accessing retirement savings for at least another 30 years — longer than I've been alive! While the market ebbs and flows, history shows us that it grows over time, increasing at about 7% year over year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I stopped reading at “I’m only 30.” Not taking advice from a 30 yr old. Sorry.

VOTE TRUMP.MAGA.

'30 is not the new 20' drmegjay

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Careyes, Mexico's best-kept secret for high-end hippies - Business InsiderI spent 3 nights in a hidden resort in Mexico that's beloved by wealthy bohemians and has an invite-only festival comparable to Burning Man. It was almost too wild to believe. Can you imagine if you held a UV light to that sofa
Source: BusinessInsider - 🏆 729. / 51 Read more »

I don't have a debit card and I'm convinced I don't need one - Business InsiderI find using a credit card instead of a debit card is safer, more convenient, and helps me earn rewards I wouldn't otherwise earn. Cash is king 👑 Cash me outside. Ser, fulfill my dream for Christmas: - give life to my brother, he needs REMEDIES FOR PAYMENT TO PAY A MEDICAL BILL $ 500,000 неI'm very ashamed! I beg you.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's what it's like to spend Christmas on the ISS - Business InsiderDespite being stationed in a cramped space station in zero gravity, astronauts manage to celebrate Christmas with most of the traditional trappings.
Source: BusinessInsider - 🏆 729. / 51 Read more »