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Preparing Your Finances for A Recession

18 Min
15 Favorites

Charlotte Darr
Financial Counselor
Hearing talk about a recession is a pretty scary thing. Whenever a recession hits, it brings a ton of discomfort and uncertainty for individuals and their finances. In today's episode, we're diving deep into what a recession is, factors that can contribute to a recession, the impact that a recession can have on your finances, and how to prepare your money to remain financially successful in the midst of a recession. In this episode, we talk about: What is a recession? What causes a recession? How long can a recession last? The 4 phases of the economic cycle 6 steps to recession-proof your finances