9 Things You Can Do to Prepare for a Recession

We will help you prepare for a higher chance of unemployment, investment losses and general financial instability, help you if you are living paycheck-to-paycheck, and have trouble paying your bills.

Create a financial plan now

If you get on top of your finances before a recession, you can maintain power over your life.

If you want to achieve and maintain financial stability, spending frugally is a big part of the equation.

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Live frugally always

Have a savings cushion and build up your emergency fund

A stash of $1,000 is a good place to start, and aim for at least three months’ regular income.

Learn more about selling through pawnbrokers and consignment shops, and sell your gold, diamonds, jewelry and silver online.

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Sell stuff you don’t need


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