amygrech (amygrech) wrote,
amygrech
amygrech

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Impending Recession

It looks like we’re heading for another Recession…As a full time Freelancer, I have a bird’s eye view of the economy. In July and August several of my clients took over two weeks to mail checks; if that happens with one client, I figure they forgot to mail it, but several clients is a strong indicator that business is also slow for them and they’re reluctant to part with their money.

I’ve noticed that I have less disposable income for things like movies, or going out for dinner and drinks and friends. My advice: Hang on to your money—looks like you’re gonna need it!

Tags: disposable income, economy, freelancing, recession
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