Lessons From the Recession: 10 Things We Learned in 2010

Updated

Times are hard but, as they say, what doesn't kill you only makes you stronger. The WalletPop team collectively learned these lessons from the recession:

1. Our Houses Are Homes, Not Piggy Banks or Retirement Funds

Thank you Big Banks for teaching us this poignant lesson. You might have found a way to beat it into our thick skulls without displacing 3 million families through foreclosures this year, but nevertheless it was a lesson we needed to learn. Experts predict that by the time the housing market regains its sea legs, as many as 25 million homes will have been lost to foreclosure.

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