My spouse and I have been arguing about whether to take money out of our retirement accounts to cover expenses, but we realized we're not even sure if what we're experiencing qualifies as a personal financial crisis or if this is just what recessions feel like. We've never been through one as adults with real responsibilities and we don't know if our fear is proportionate.
More people experience this than they realize.
Two people must calibrate their response to economic hardship without clear understanding of what constitutes appropriate recession-era anxiety.
“Where Are You with Recessions and financial crises — what they are?”
If this sounds familiar, the Library can help you find the bigger picture.