This article is from Surviving a Recession.

“Increased income is critical to surviving a recession. Preferably, this new found income should not come from your current job. It should come from alternate sources like a second job, contract work, new small business, or even an online business. If you are someone that has cut their expenditures to the bone but still do not make enough money to save to prepare for a recession or make the critical decisions necessary to survive a recession, then for all intent and purposes preparing for a recession, to you, means increasing your income.

By the same token, if you are someone that has enough income to make those critical decisions but your job is in jeopardy then surviving a recession means increasing your income as well. Surviving financially during hard economic times like recessions means maintaining or increasing your income. You want to avoid taping into reserves like retirement accounts and your children’s college funds.” Read rest of article.

This article is from Surviving a Recession.

“Creating multiple small streams of income is probably one of the best ways to prepare for a recession. It is not just enough to increase you income as a means of surviving a recession. If you loose that single source of income the recession will affect you just the same. By, increasing your income through multiple small streams of income your are protecting that new income by spreading it over multiple sources. This means that if one stream of income dries up it will not affect your strategy for surviving a recession as much as if you had only a single source of income.” Read rest of article.

This article is from The Digerati Life.

” As an investor who has lived through a couple of recessions (wow, that dates me!) and economic cycles, and who continues to further my financial learning, I found that there are things we can do to help us ride through a tough market cycle. Here, I’ve collected some tips, facts and reminders that I found to be valuable and assuring during times like these…” Read rest of article.

This article is from Entrepreneur.

Regardless of what people around you (including the media) may say, right now is the best time to get into business Just go back and look at the economic slowdowns throughout history. Most recessions in the post-World War II era last an average of 10 months, followed by growth cycles that last an average of 50 months.

What this means for the startup is there’s no better time than right now to get going and start pursuing your business dreams–in anticipation of the next period of growth.

So with a nod to David Letterman, here are my top 10 reasons you should start your business now–despite the current downturn:

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This article is from Mom’s in Business.

“The daily news of doom and gloom about the current recession and the financial challenges facing the world might convince you that now is not the best of times for a mom to start a business. But despite the hard times, many moms are doing just that.

After all, if you have been let go or can’t find a job in the current economy, what have you really got to lose by starting your own business now? Why not chase your own dreams, rather than be dependent on another employer? Why not just take control of the helm yourself?” Read rest of article.