15 Ways To PREPARE For A RECESSION
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In this Alux.com video we'll try to answer the following questions:
How can we prepare for the 2020 recession?
What are 15 ways to prepare for a recession?
How to prepare for a recession?
How do you survive a recession?
How do you prepare for the next recession?
What is the best thing to do during a recession?
How do you get rich in a recession?
Who benefits during a recession?
Where should I put money in a recession?
What should you buy in a recession?
What is the best investment in a recession?
How are you preparing for the next global recession?
What are the top 15 things can average people do today to prepare for recession?
How should one prepare for next financial crisis in stock markets?
How can a family best prepare for an incoming recession?
When do you think a recession will hit and how do I prepare for it?
How do I prepare myself so that I can respond to a crisis?
How can I get ready for the potential 2020 recession?

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00:00 - Intro
01:05 - Cut your spending.
01:44 - Get budgeting.
02:36 - Set up an emergency fund.
03:26 - Pay off your debts.
04:10 - If you can’t pay off debt, look into debt relief.
04:43 - Set up a high-interest account.
05:12 - Prove how valuable you are in your workplace.
05:50 - Start a side hustle.
06:53 - Get new skillsets.
07:34 - Get networking.
08:10 - Keep your CV updated.
08:37 - Consider changing your living situation.
09:12 - Keep on investing.
10:23 - Diversify your investments.
10:53 - Take a long-term approach to investing.
11:44 - Question
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#alux #recession #invest

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