With COVID, Russia invading Ukraine and massive inflation on the horizon; it's time to get your financial house in order. You can't prepare for a recession once one has hit. On todays podcast I’ll give you some simple things to do to reduce your risk before its too late!
0:00 - Intro
0 :45 - The 2008 recession
1:30 - Warning signs to be aware of
2:30 - My story leading up to the 2008 recession
5:30 - The cause of the 2008 recession
8:00 - The perfect industry
9:30 - And then there was COVID
10:00 - Massive Inflation
12:00 - Supply and Demand
13:40 - We shopped and shopped
14:30 - Causes and effects of Inflation
15:30 - What we can do about recession
16:00 - The signs of a recession
18:45 - Don’t overreact
19:15 - Take inventory of your auto payments
20:00 - Increase funds to the emergency fund
21:00 - Watch the market and the rich people
21:45 - Pay off your debts as much as possible
24:25 - Conclusion
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