Have you ever been to a Broadway show? It’s amazing- whether you’re drawn to the storyline, the music, the costumes- but of course the cast is pivotal. And for any major theatrical production, not only are there the performers you see on stage, but there are also countless understudies. The backup cast members who learn all the lines, and know exactly what to do in case one of the performers gets sick or can’t perform. They’re preparing for the worst. We think of prepping for a recession in a similar way. We don’t know exactly when it’s going to happen. In fact, we hope that we don’t experience one anytime soon! But when it does, you’re going to be able to weather that storm much better if you take the proper precautions ahead of time. And with more talk of a recession on the horizon, we figured now was a great time to discuss what you should be doing. We’re going to get granular on this one and give specific steps that you should take in order to be prepared whether we enter recession territory later this year, or if it takes an entire decade! Either way, you’re going to be ready.

 

During this episode we enjoyed an Altbairisch Dunkel by Ayinger! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

 

Best friends out!

Have you ever been to a Broadway show? It&rsquo;s amazing- whether you&rsquo;re drawn to the storyline, the music, the costumes- but of course the cast is pivotal. And for any major theatrical production, not only are there the performers you see on stage, but there are also countless understudies. The backup cast members who learn all the lines, and know exactly what to do in case one of the performers gets sick or can&rsquo;t perform. They&rsquo;re preparing for the worst. We think of prepping for a recession in a similar way. We don&rsquo;t know exactly when it&rsquo;s going to happen. In fact, we hope that we don&rsquo;t experience one anytime soon! But when it does, you&rsquo;re going to be able to weather that storm much better if you take the proper precautions ahead of time. And with more talk of a recession on the horizon, we figured now was a great time to discuss what you should be doing. We&rsquo;re going to get granular on this one and give specific steps that you should take in order to be prepared whether we enter recession territory later this year, or if it takes an entire decade! Either way, you&rsquo;re going to be ready.
&nbsp;
During this episode we enjoyed an Altbairisch Dunkel by Ayinger! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you&rsquo;re not already a regular listener, and <a href="https://podcasts.apple.com/us/podcast/how-to-money/id1337718773?mt=2">give us a quick review in Apple Podcasts</a> or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!
&nbsp;
Best friends out!

Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living a rich life.

How to Money

Prepping for a Looming Recession #503

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/81ddfa9d-acb4-4173-bb31-ae7700f0747e/transcript

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