11 Timeless Habits To Survive Any Recession

Welcome to another empowering episode of the Building Your Money Machine Show. Today, I'm exploring the timeless habits that can see you through any recession without breaking a sweat. We've all experienced the anxiety of economic downturns, but here's the truth: recessions are inevitable, yet financial ruin is optional. This episode is your guide to thriving in any economy, not just surviving.

I speak candidly about how the right financial habits, not just income, can differentiate those who profit from recessions from those who fall victim to them. I share stories from the 2008 financial crisis and even the Great Depression to highlight how savvy individuals and investors turned turmoil into triumph—Warren Buffett, anyone?

From building a robust emergency fund and prioritizing essential needs over wants, to expanding your income streams and understanding the nuances of investing steadily—I've got you covered. We delve into avoiding high-interest debt, setting a recession-proof budget, and leveraging your skills for greater earning potential.

IN TODAY’S EPISODE, I DISCUSS:

• Building a recession-proof emergency fund for peace of mind
• Prioritizing essential needs over wants to avoid unsustainable lifestyles
• Expanding your income streams to increase financial security
• Investing in skills for long-term financial growth and job security
• Creating a diverse, inflation-resistant investment portfolio
• Networking strategically before you actually need it

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• What you need to know before retiring
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• The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+
• The games and strategies of the rich. What I learned as a CPA for the ultra wealthy. 
• You Can Change Your Finances in 8 Weeks... Here's How

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If you liked this video, you'll love these ones:

• What you need to know before retiring: https://youtu.be/TTFwT6Q9wE4
• Are you ready for what's going to happen to the economy?: https://youtu.be/XR_7hYvPLnE
• The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+: https://youtu.be/5S7XgkaIItY
• The games and strategies of the rich. What I learned as a CPA for the ultra wealthy: https://youtu.be/V__Qgkqv4SQ

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