How to Prepare for a Recession: 7 Tips You Can Start Now

Economists predict that the next recession will hit the first quarter of 2023. Others say we’re already in a recession. In this video, let's talk about 7 ways to prepare yourself for a recession.

Timestamp:
00:00 Intro
00:37 Start Building Emergency Fund
01:02 Make Lifestyle Adjustments
01:25 Start Tracking your Finances
02:23 Pay Off Your Debt
03:14 Hold Off Big Purchases
03:39 Consider a Recession-Proof Job
04:43 Build multiple streams of income
06:11 Final Thought

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#recession #recessionproof