8 Ways To Prepare For The Next Recession

Published: April 23, 2019, 8 p.m.

b"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"