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What Young People Should Learn from this Recession

<p><span style&equals;"color&colon; &num;000000&semi;">Recent college graduates seem to have been dealt the worst luck of any graduates in history&period; It&&num;8217&semi;s true that finding a job out of college will be a big challenge for most and I don&&num;8217&semi;t want to minimize the burden that recent graduates are facing&period;  However&comma; you are lucky in that you can learn something from what many older workers are experiencing&period;  A few things I&&num;8217&semi;ve learned from this recession&colon;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"color&colon; &num;000000&semi;"><strong>Never rely on an employer to take care of you&period; <&sol;strong>Of course most graduates will need to work for someone else to gain experience and pay back loans&period;  But after you&&num;8217&semi;ve gained experience&comma; you should be prepared to work for yourself if necessary&period;  This may mean consulting&comma; freelancing&comma; or starting a small business&period;  If you do ever lose your job&comma; you will have some money&period;<br &sol;>&NewLine;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"color&colon; &num;000000&semi;"><strong>Be conservative with your money<&sol;strong>&period; Don&&num;8217&semi;t buy more house than you can afford&comma; save as much as you can&comma; and live simply so that a layoff won&&num;8217&semi;t be as devastating&period;  When you&&num;8217&semi;re working hard you feel entitled to splurge&comma; but cutting back on some of the luxuries might not be as bad as you think&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"color&colon; &num;000000&semi;"><strong>Don&&num;8217&semi;t take your job for granted&period; <&sol;strong>In the past&comma; workers could count on life-time employment at a company &lpar;barring any major mistakes&rpar;&period;  Now&comma; employees must work every day to justify their relevance&period;  Don&&num;8217&semi;t every get complacent&comma; no matter how long you&&num;8217&semi;ve worked at a company&period;  Keep up with industry trends&comma; take continuing education classes&comma; and diversify your skills&period;<br &sol;>&NewLine;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"color&colon; &num;000000&semi;">It&&num;8217&semi;s easy to forget past recessions when the economy is good&comma; but another one will occur eventually and you should be prepared&period;  The news stories about laid-off workers are depressing&comma; but they can serve as cautionary tales for young people that haven&&num;8217&semi;t made the mistakes of older generations&period;<br &sol;>&NewLine;<&sol;span><&sol;p>&NewLine;<p><&excl;--Digiprove&lowbar;Start--><span style&equals;"vertical-align&colon;middle&semi; display&colon;inline-table&semi; padding&colon;3px&semi; line-height&colon;normal&semi;border&colon;0px&semi;" title&equals;"certified 24 May 2010 13&colon;25&colon;10 UTC by Digiprove certificate P17599"><span style&equals;"font-family&colon; Tahoma&comma; MS Sans Serif&semi; font-size&colon;9px&semi; color&colon;&num;636363&semi; border&colon;0px&semi; float&colon;none&semi; display&colon;inline&semi; text-decoration&colon;none&semi; letter-spacing&colon;normal" onmouseover&equals;"this&period;style&period;color&equals;'&num;A35353'&semi;" onmouseout&equals;"this&period;style&period;color&equals;'&num;636363'&semi;">&nbsp&semi;&nbsp&semi;Copyright secured by Digiprove&nbsp&semi;&copy&semi; 2010<&sol;span><&excl;--34659F67252A829E78233D259ABE96A92AF7BE84298919C63CB492FAE4B58ABA--><&sol;span><&excl;--Digiprove&lowbar;End--><&sol;p>&NewLine;

Andrea: