How To Prep Your Finances For the Next Recession – Plan Wisely Episode #2
Experts disagree on when the next recession will come, but the markets are cyclical. This means, sooner or later, eventually a recession will be upon us. If you’re concerned about a recession, you aren’t alone.
First, Erik breaks down some of the market terminology you often hear, in terms the average person (like Jag) can understand.
Next, there are 5 economic realities that we are currently facing. Understanding them is key to creating a plan.
Finally, Erik gets in to his 4 point plan for investing. These strategies apply to everyone, regardless of income level.