The document provides advice on recession-proofing one's finances during an economic downturn by understanding components of a financial crisis like business failures and declining consumer wealth, limiting credit card debt and interest rates, and creating a sustainable financial future through assessing one's past spending habits, current financial status, and setting long-term savings goals. It also discusses the housing bubble of 1997-2006 and the Credit Cardholders' Bill of Rights.

1. Recession-Proof Your Wallet
Understanding Finances In An
Economic Depression

2. Financial Crisis Components
Failure of key businesses
Declines in consumer wealth
Substantial financial commitments incurred by governments
Significant decline in economic activity
Business Failure
Economic Consumer
Activity Wealth
Government
Commitments

3. Growth of the US Housing Bubble
Between 1997 and 2006, the price of
the typical American house increased
by 124%
124%
INCREASE
Housing Prices:
peaked in early 2005
started to decline in 2006
may not yet have hit bottom

4. Credit Cardholders' Bill of Rights
Limits how credit card companies can charge consumers, but does not
include price controls, rate caps, or fee setting
Cardholders deserve protections against
arbitrary interest rate increases
Cardholders who pay on time should not be
penalized
Cardholders should be protected from due
date gimmicks and misleading terms
Vulnerable consumers should be protected from
fee-heavy subprime credit cards
Congress should provide better oversight of
the credit card industry

5. Financial Perspective
How Did Where Do
Where Am
I Get I Go From
I Now?
Here? Here?
PAST PRESENT FUTURE
Determine Access Current Create Realistic
Spending Habits Financial Status Long Term
Over Last 2 Years and Wealth Financial Goals

6. Sustainability Success
SPEND LESS
SAVE MORE
SUSTAINABLE
FUTURE

7. Wade Gordon – Financial Consultant
Direct: 800-123-4567 x8989
FREE
CONSULTATION
wg@wgfinancialconsultants.com get started
TODAY
click here
www.wgfinancialconsultants.com