Religion & Spirituality:Christianity
What Moves Should Christians Make During a Recession?
2019-09-20
We hear a lot of talk about a coming recession. The 24/7 news cycle would have you to worry and panic (I think that's one of their goals).
There is no need.
So, what's a Christian to do, to prepare for a recession?
In This Episode, We Look At:
First. What is a recession?
It is a natural part of the business cycle. Economies expand and they also contract. When an economy contracts the GDP (Gross Domestic Product) decreases. When this occurs for two consecutive quarters (six months) an expert government committee officially declares a recession.
The good news is, recessions are temporary.
Steps to consider taking, in preparing for a recession:
Always trust God above circumstances, people, and employment.
Increase your value as an employee (now would be a great time to start).
Do extra work. Do more than is asked of you. Make yourself available for extra work, or other areas of responsibility. Increase your knowledge of your industry (read books, take online classes).
Reduce unnecessary expenses.
Increase savings now, building a bridge for a potential income gap.
Freshen up that resume.
Share Your Thoughts:
If you have a question or comment about today's topic, we invite you to share your thoughts.
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