E151: The Two Big Ways Recessions Impact Your Money and Personal Economics
Dollars and Nonsense · Living Wealth
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Show Notes
In this episode, we discussed the two big ways recessions negatively impact your economy and how you can set yourself up to thrive during a recession.
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Topics Discussed:
- Recession indicators in the economy
- Layoffs
- Selling of assets driving the stock market down
- Is cash really king in an economic downturn?
- Opportunities to watch for when the economy is down
- How Infinite Banking isolates and positions you better than cash
- The crazy ways IBC works even harder for you when the financial markets are in a tailspin
- The magic that is compounding interest
- Finding and exploiting positions of financial safety
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/