How to Prepare for Economic Armageddon: Are You Ready?
How to Prepare for Economic Armageddon: Are You Ready?
What if you knew the government was about to make a move that would decimate the economy in the next two years, leaving half of the population unemployed and countless small businesses closed? How would you prepare? Would you save more or spend less?
Here’s the thing: every decade, we face a recession. Some are worse than others, and one of these could be as devastating as the Great Depression of 1929. Yet, very few people are prepared. Many are buried in credit card debt and lack savings.
If I knew such a catastrophe was coming, I’d sell everything I don’t need, move in with family to save on living expenses, and save every single paycheck. The goal is to have enough savings to be out of work for a year and still be fine.
What would you do? Share your thoughts in the comments—let’s discuss how we can all better prepare for economic downturns.
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#economicpreparedness #recessionplanning #financialsurvival
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