The Fiscal Cliff: Are Your Money Safety Nets Ready? by Melissa Newton
Approx. 13,160 words.
Published on September 16, 2012.
Chairman Bernanke of the Federal Reserve and the Congressional Budget Office has warned of the fiscal cliff. Are you prepared for higher taxes, more unemployment, or a recession if the U.S. “falls over the cliff?” Prepare for the worst while hoping for the best. Understand the issues of the fiscal cliff and build your safety nets to protect your financial position now and into the future.