Episode 158: How to Deal with Inflation AND Recession
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Show Notes
The news media has been talking a lot lately about inflation and the growing possibility of a recession. This has people worried about their short term financial plans, in dealing with inflation, and what a recession could do to their long term financial plans.
That's why in this episode of the podcast I wanted to talk about not only inflation (which I've addressed in previous episodes), but recession as well, and offer a few tips for preparing your finances. In this way I hope to reduce your stress by knowing that you are ready for whatever comes.
In this episode you will learn:
- How to Prepare for Possible Layoffs - How to Take Advantage of Higher Interest Rates - What Financial Advisors Are Telling People They Should Do - Ways You Can Prepare for Recession Now