We have some really exciting news to share before introducing this Wednesday episode (and ironically enough, we discussed the cost of diapers at the beginning of this one)! And then stick around to hear some ever relevant advice.
Are we ready for a recession? The economy has been roaring for close to a decade and corrections are inevitable. We’re not saying to pay uber close attention to the news cycle and the different predictions of the market tanking, but it is good to be prepared. But even if an actual recession never occurs, getting our personal finances in shape will allow us to be prepared for short-term bumps in the road- whether they’re market related, or purely personal. Give this episode a listen to hear our top tips on how you should be recession proofing your finances.
Additional links from this episode:
- Here’s our full blog post on ways to prepare for a recession. Whether one happens or not, you’ll be glad you covered your bases!
- More information and how to donate to the Camp Fire Relief Fund
- When preparing for a potential recession, an emergency fund is more important than ever. Here’s why you should have one, and here’s where you should park your emergency fund.
- Vanguard investor questionnaire to determine your risk tolerance
- When you’re ready to get some serious amounts of work done…
During this episode we both enjoyed a Resilience IPA by Sierra Nevada – a big thanks to Felipe in Chico CA for donating this delicious beer! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.
Best friends out!
