Cash The Checks

While it is still not clear the United States is in a recession, it looks like we’re heading in that direction.

Here’s what the US has done or might do to help

• Cut the interest rates by 0.75%, taking it down to 3.50%
• Stimulus package which may give American families $1,000 to spend.

So what do you need to do to help?

• Spend money to pump money in the economy.
• Have faith in the dollar and stocks, don’t sell everything.
• Take advantage of the discounts, spend wisely.

So what does this all mean? It means that there is always an advantage to every disadvantage.

• House prices have been dropping and are expected to drop in the next few years. This it the time to take advantage of nervous sellers who aren’t sure how low their home prices will drop.
• Gas prices will drop, as there are fears a US recession might slow down demand for oil.
• To drive their slowing businesses, stores may have more sales to stave off the slowdown.