In our previous episode we interviewed American Economist, Robert Murphy; during this interview he predicted the American economy will experience a recession in July of 2020. Today we discuss 10 steps you can take to protect yourself from an upcoming recession. Some topics discussed include:
-Maintain a positive attitude
-Analyze your current job
-Are you financially prepared to take care of loved ones
-Review your monthly expenses
-Pay down high-interest debt
-Review major spending plans
-Boost your credit score
-Get a line of credit
-Start a side hustle
-Build your opportunity fund
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Resources:
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