Recession Rich

You can be just an average dude one day...and recession rich the next. But that means nothing really happened to you...just to everyone else. A recession hit. People are losing their jobs, homes, ability to pay bills, and retirement savings. But not you.

If you’re recession rich, it just means you are relatively “rich” compared to everyone else who was hit harder than you by the recession. It means you’re just going about your business, while everyone else is in panic-mode. But not because you meditate...because you’re more financially immune than others.

Maybe you already paid off your mortgage, or you’re almost done. Maybe because your job is in insurance, which is busy now since the recession. Maybe because you invested in mostly money markets and grocery stores. Maybe you’re retired and don’t have a care in the world. Maybe you're a trust-fund baby, so you really are rich either way.

The Great Recession in the 2000s created a class of recession rich people. Say the neighbor on your left just leased a brand-new car, and the neighbor on your right is sitting on a subprime mortgage and doesn’t know it. Boom, the recession hits. The car has to go back, and that subprime mortgage home is foreclosed. This was reality for many people who just had bad timing.