BREADNOMICS

How to recession-proof your income?

By Breadnomics Recessions are defined as 6 months of economic decline(measured in the country’s gross domestic product – GDP). It is normally announced after the fact. Economic declines can be country-wide, state-wide, or localized to a region. Sometimes, it is industry-specific also.

What are the hard times we need to prepare for?

By Breadnomics Hard Times is defined as a period of economic problems or a time of difficulty, especially financial hardship. It can be caused by two broad sets of events. Economic Hard Times (country’s / state’s / local region’s) Personal Hard Times 1. Economic Hard Times: Our weather goes through a cyclical pattern like summer, fall, winter, What are the hard times we need to prepare for Read More

How to Build Multiple Streams of Income?

By Breadnomics Having multiple streams of income is essential to go through economical or personal storms. What it means is, even if we have a good job, we should develop additional streams of income to survive and thrive in hard times. This article is intended to give some ideas to enable it.

How to Future-Proof your Finances?

By Breadnomics All of us go through hard times in our lives, either due to our country’s economical downturns or due to personal issues. Nobody is an exception to them. All we can do is incorporate few fundamental changes in our lives to minimize the hardships.