8 Ways To Prepare For The Next Recession
https://www.youtube.com/watch?v=D3sljhJ4Dqg\n\n\n\n\n\n\n\n\nThose who aren't prepared for a recession tend to get hit the hardest. Here is how I am preparing for a recession and how you can too.\n\n\n\nWe haven't had a global recession since 2008 and Australia hasn't gone through a recession in 27 years but recessions are a part of life and do happen on a regular basis, so it's important to be prepared it when it does come so you life isn't adversely affected.\n\n\n\n0:00 - Introduction\n1:00 - The inverted yield curve and the high chance of a recession\n2:15 - #1: Pay Off Debt\n3:42 - #2: Keep Your Expenses Low\n5:10 - #3: Look For Ways To Earn More Money Now\n6:33 - #4: Diversify Your Income Streams\n7:41 - #5: Build Up A Buffer Fund\n9:51 - #6: Manage My Liquidity\n11:10 - #7: Invest In Assets That Generate Cash Flow\n13:12 - #8: Have a Backup Plan in Place\n\n\n\nMartin North/John Adam Inverted Yield Curve Video - https://www.youtube.com/watch?v=gLDzzYoE9Tk\n\n\n\nRecommended Videos:\n\n\n\nShould You Pay Off Debt or Invest First?\n\n\n\nI Lost Thousands in Cryptocurrency