How to recession-proof your finances
- Advice on managing your money in the recession
- How to save money with the best mortgage and credit deals
- Maximising the money you make from your savings
This article, How to recession-proof your finances, was last updated on 05 February 2010 and is now out of date and held in our online archive for reference. Explore our latest Money articles.
What's in this guide
The credit crunch has led to changes in all areas of money, from mortgages to savings and credit.
The mortgage market has seen some of the most dramatic changes as a result of the credit crunch.
Savings rates have fallen along with the base rate, and banks have collapsed.
In the credit crunch, the number of credit products have shrunk and interest rates have increased.
Former Chancellor of the Exchequer Lord Lamont speaks to Which? about the recession.