How to prepare for and survive a recession

How to prepare for and survive a recession #Recession #HighCostOfLiving #Unemployment #HowToSurviveARecession The economy always has and always will have its ups and downs. It’s easy to coast through the good times, but how do you come out of the tough times unscathed? By preparing adequately, cutting costs, and making sure you still have some income coming in, you can emerge out of a recession just as strong as you were before it. 1. Have an Emergency Fund. 2. Live Within Your Means. 3. Have Additional Income. 4. Invest for the Long Term. 5. Be Real About Risk Tolerance. 6. Diversify Your Investments. 7. Keep Your Credit Score High. 8. Frequently Asked Questions.