22. How to Plan for a Recession
Financial Feminist
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How to Be a Successful Investor in Times of Uncertainty and Volatility
A recession or a time where the market's down is actually potentially a great time to purchase your investments because it's almost like they're on sale. The first thing, I need you to check in and make adjustments to your emergency fund. It might be time right now to add an extra month or two of savings just in case. You also need to make sure it's in a high yield savings account so it's working at least a little bit harder for you.
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