If “uncertainty” feels like the word of the year, you’re not alone. But please don’t panic (who has time for that?)! Experts say there are some smart ways to protect your finances during a downturn—and the following proven methods won’t stress you out. Here are some ideas:
- Build a cash cushion: aim for 3–6 months of expenses in savings.
- Cut high-interest debt: tackle credit cards and avoid unnecessary loans.
- Boost your skills: now’s a great time to take a course or certification.
And my personal money-saving favorites are: “recession nails” and “recession hair,” which is just code for not going to the beauty shop all the time. Remember family, every recession has its winners and losers. Let’s play our cards right and not get played. Get detailed info on how to recession-proof your money here.
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Feeling financially fit after reading this? Well, the best workouts are done in groups. So, forward this newsletter to a friend who needs a financial glow-up.
You’re not just sharing a newsletter—you’re spreading a wealth of knowledge to keep glowing and growing. 💫
