7 ways to help recession-proof your finances
Have an Emergency Fund - 6 months to a year of expenses (if possible).
Live Within Your Means - Save First, Spend Last.
Have Additional Income - Start a Passive Income Business
Pay down high interest debt (credit cards etc).
Don't Panic - Be real about risk tolerance.
Diversify Your Investments - Diversification can help reduce your portfolio's risk
Keep Your Credit Score High - You'll be more likely to qualify for financing with more manageable interest rates.
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