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Protecting Your Home & Finances in Tough Times

4 steps to take to weather a recession

By American Homeowners Foundation | Published: 9/30/2008

If you need to improve your liquidity, reduce unnecessary personal expenses and stop making any extra payments on your mortgage.

To build your savings, cut back on expensive vacations and non-essential activities like hobbies and expensive restaurants. Look for other ways to save money as well (never a bad idea even if your finances are strong).

Provided by the American Homeowners Foundation.

<< Make Sure You're Adequately Insured I Protecting Your Home & Finances in Tough Times >>

GO TO: Part 1: Financial Health and Recovery

GO TO: Part 2: Refinancing and Home Equity

GO TO: Part 3: Home Value

GO TO: Part 4: Real Estate Investing

GO TO: Home Finance Guide

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