One might wonder what he will do during this recession. Well there are many things to do this recession time. If you have no money, this is the time to think why you are affected with recession. Is it the decision that you made like choosing the wrong career? Did you resign from your present job without anticipating for this recession? This is the time to think what you will do to avoid a recession victim next time that this economic phenomenon will happen.

Save for rainy day is the most important and learning the lesson on this recession will help you prosper in the future. Why not save and invest your earning so when there is a recession you will not be affected with job retrenchment. Honestly the people who have extra income and investment aside from their regular job are the one who did not feel much the result of world economic turmoil. I was once a victim of unemployment and I asked guidance from God on what to do and promise to love my job in the future when I will have one. Prioritize your financial goal. Avoid buying things that will only spend you to much money like television, car, and vacation in expensive place, eating outside and even telephone. Save, save, save and invest, invest and invest.

If you have money then you are lucky. This is the best time to invest in real estate because they are cheaper and you can have a clout to the sellers. When Economy bounce back then you will earn more money out of your investment and you will have a financial freedom when you retire. This is the best time as what Robert Kiyusaki "The rich dad, poor dad" whiter said.

Good luck and more power to you.