Friends from Life

Welcome Friends , Let us start to built a new GE-Life virtual team .

More About Me...

Friends from life for ever

Another Tit-Bit...

Bangalore - Silicon Valley of India

Are we recession proof?

Friends do you think we are recession proof?

Have you ever thought of emergency fund? Set aside INR 100000 in case of any emergency

Have you ever thought of what to do in case if we loose our Jobs ?

Have you ever thought of your medical insurance cost in India? How important to have medical insurance ( assume that if your employer have withdrawn medical insurance benefit due to bad economy )

Let us share our ideas and help each other about recession that we are going to face.


My thoughts on tackling recession are

  1. Save at least INR 100000 as an emergency fund

  2. Estimate monthly gross spending and try to have at least 3 months worth of saving in bank.

  3. Pay all your loans (two wheeler, TV, furniture, CAR ) and credit card bills.

  4. Learning recession proof technologies , Try to explore technologies that are in demand even in recession time.

  5. Update or share latest developments in the company you are working in

  6. How to help our friends community in case if any of our friends gets layed off


0 comments:

Post a Comment



 

different paths

college campus lawn

wires in front of sky

aerial perspective

clouds

clouds over the highway

The Poultney Inn

apartment for rent