It May Be Common To Worry About A Recession, But Is It Really Necessary?

Financial pundits, as well as the man on the street, have been predicting a recession for months now.
Many suggest taking steps to prepare for one, such as paying off credit card debt and stockpiling canned goods.
But according to Business Insider contributor Kelly Burch, not everyone has to be worried.
For example, people who are self-employed and have a wide range of clients are actually more secure than people with just one job.
Also, people who live in rural areas are more likely to be protected from massive swings in home equity.
Finally, workers in their 20's and 30's who own a home have time to wait out a recession.
After all, they don't yet have to be in a hurry to fund retirement savings!



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