Recessions can be very difficult situations to be in. If you are an individual within a recession, it is likely that you are having trouble paying your bills and earning an income. If this is the kind of situation you are in, you need to take a few specific steps to properly manage your finances. The first step you must take in order to put yourself in a stronger financial position is the step of clarifying the type of situation you are currently within. You should also uncover any unnecessary expenses you may be currently dealing with, like payments on a payment protection insurance policy. If you find that you have unknowingly contributing to a PPI policy, the filing of PPI claims may be a viable option for you to recover your capital. [...]