You may think it’s a bit early to be preparing for the next recession while we are currently in one. However, there are things you can be doing now to set yourself up so you never have to feel like this again when the next recession comes.
2:03 – 1. Keep Your Expenses Low
3:45 – 2. Start To Build Up a Buffer Fund
6:03 – 3. Pay Off Your Bad Debt
7:11 – 4. Look At Ways To Increase Your Income
8:44 – 5. Create Multiple Streams of Income
10:45 – 6. Invest In Income Producing Assets
13:25 – 7. Start Educating Yourself and Expanding Your Skills
Recession Videos 1 Year Ago
How I’m Preparing For The Next Recession – https://www.youtube.com/watch?v=D3sljhJ4Dqg
How To Invest In Property During a Recession – https://www.youtube.com/watch?v=_ezxHQ7irSY
Recommended Videos:
Simple Steps To Budget and Save Money IMMEDIATELY – https://www.youtube.com/watch?v=kVshm_1mY30
The 2 Year Financial Freedom Strategy – https://www.youtube.com/watch?v=MwqFrrWOtiU
http://onproperty.com.au/789 – Visit the site for a full transcription and downloadable audio version of this video.
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