Boiler Room: The Official Stock Market Discussion

BlaxOps

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MiYaYo (Carol City)
10 Smart Ways Families On A Budget Can Survive a Recession

10-ways-to-survive-a-recession.jpg


A recession can bring financial uncertainty and hardship, especially for low-income families. However, with careful planning and smart strategies, you can weather the storm and come out stronger. Here are some practical ways to survive—and even thrive—during tough economic times.

1. Create a Bare-Bones Budget
During a recession, it’s crucial to prioritize essential expenses. Create a budget that focuses on necessities such as rent, utilities, food, and transportation. Cut out or reduce non-essential expenses like dining out, subscriptions, and entertainment.

2. Build an Emergency Fund
If possible, start setting aside even small amounts of money into an emergency fund. Having savings can prevent you from relying on credit cards or loans during financial hardships.

3. Find Additional Sources of Income
Look for ways to increase your income, even if temporarily. Some options include:

Side hustles like freelancing, gig work, or selling items online.
Part-time work or odd jobs such as babysitting, tutoring, or delivery services.
Monetizing skills through services like graphic design, writing, or handyman work.


 
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FabTrey

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breh wahts your next play


There is no next play for me. I primarily trade SPY/QQQ 0dte and any top stocks intra. no need to hold and get crushed by bad news. no need for DD. i just trade 1 and 5 min chart. takes less than 5min. i rarely hold for more than 10min. i'm not greedy. 10-15% pop, i'm out 90%.

if you want safer play then you can try iron condor.
 

Still Benefited

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why i was so optimistic...only god knows
im an idiot


Shouldve known when they did a reverse split on VIX they would drop it. Cant have me holding 1000 shares of that when it spikes 20$. Ill just follow Buffets old ass next time smh. If hes still alive next time the market goes back up:mjcry:
 

Ohene

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only hope for today not to be a complete shyt show is the fed + unemployment
fed needs to come out and say he will cut rates more than 2ce potentially
 
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