Let’s focus on that last point.
“A two-quarter GDP contraction is expected in both the U.S. (-10% and -25%) and the Euro Area (-15% and -22%)”
What do you do? According to the “7 ways to help recession-proof your finances”, Bankrate
suggests these simple tasks:
- Pay down debt
- Boost emergency savings
- Identify ways to cut back
- Live within your means
- Focus on the long haul
- Identify your risk tolerance
- Continue your education and build up skills
I’m on track with three and working towards the remaining four. How do you score?
We’re in for a rocky ride, but you can rely on this newsletter to keep you in your stride.
Thank you for reading,
Note: If you want help from me to build up skills and get help on UX/Product design, career advice, personal branding and remote work, consider booking some coaching time with me.