By Liz Hund & Karen Bennett
August 25, 2022
Source: Bank Rate
Photo Source: Unsplash, AR
Strategies to build your savings during a recession may involve adjusting your savings goals and cutting expenses, while paying down loans and avoiding additional debt. Getting into the habit of saving money takes discipline and can be challenging even during non-recessionary times.
To help you navigate saving during a period of economic decline, we asked a number of experts for useful strategies, as well as some pitfalls you should try to avoid at all costs.
How else can you save this holiday season? Who is on your Holiday list? What other DIY project ideas do you have?
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