Still catching up during the incessant rain . . . CFO magazine several months ago published a guide entitled “Surviving a Recession”, a series of articles dealing with various aspects of survival.
Keeping Cash Safe is one of them. You have to read between the lines a little and extrapolate from some of the examples but it’s a quick summary of some real-world strategies that might be helpful. The tips for “Staying Liquid” present a sound checklist to consider.
Likewise, Staying on Course stresses the importance of a sound budget, a common refrain on this site. There’s also a quick checklist about how to tackle budgeting and planning in a rocky economy. A related article entitled Capex Caution covers the “controlled spending” that should be managed during a downturn.
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