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John Livingston's

The Nuclear Electrical Engineer

An educational resource for electrical engineers in the nuclear power industry

Here you can find design tips on technical skills like cable and breaker sizing, short-circuit evaluations and more, PLUS deep-dive analysis of nuclear-specific topics like design basis, Tech Specs, UFSARs, and safety-related SSCs — built from primary source documents.

Tip of the Week · Feature

Cut your budget before the next recession

John Livingston
April 30, 2016 · 1 min read

The last recession ended seven years ago: 2009.

The longest we’ve gone since 1933 between recessions was 10 years — once.

The first-quarter U.S. GDP numbers came out this week: 0.5%. Not good. Will there be a rebound? Maybe.

The recession isn’t here yet, but it’s coming. It will be better if you begin to cut expenses now, ahead of time. It might save you from panic later. When we panic, we make bad decisions.

Cutting expenses now will help you more rapidly grow your emergency fund. A bigger emergency fund reduces apprehension. It also gives you more options.

For five areas of your budget that you can begin cutting now, click the following link:

http://www.thesimpledollar.com/monthly-bills-you-could-live-without/