Greatest things to in a Economic Crisis or not

There is no way to completely protect yourself from the current financial crisis. But there are some ways that you can limit the negative impacts to your personal finances in the short term and prepare for a more prosperous future. 

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7 Things You Shouldn’t Do In An Economic Crisis

smarter smarter - 9 months ago

  1. You shouldn’t listen to the media
  2. You shouldn’t forget to be positive
  3. You shouldn’t continuously check your 401k
  4. You shouldn’t count on the government to help you
  5. You shouldn’t stop investing for retirement
  6. You shouldn’t try and time the market
  7. You shouldn’t forget that it’s only money

 

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4 Things To Do Now to Protect Yourself From the Financial Crisis

smarter smarter - 9 months ago


  • Look for federal insurance. 
  • Work on your emergency fund.
  • Refinance your mortgage if possible. 
  • Now is a good time to invest.
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    via allbusiness

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    10 Smart Things Your Board Can Do Now

    smarter smarter - 9 months ago

    1. Don't panic. 

    2. Think strategically. 

    3. Get a realistic picture of your organization's financial situation. 

    4. Create a contingency plan. 

    5. Work more closely with your chief executive. 

    6. Step up your fundraising. 

    7. Tighten your belt. 

    8. Pump up your engagement. 

    9. Evaluate your compensation structure. 

    10. Be a mission guardian. 

    via boardsource