628. What To Do If You're Afraid Of A Recession Coming

Lori came to me the other day and wanted to have a conversation about what’s really going on in this uncertain economy, what I think is coming in the future, and how we can prepare ourselves so that we don’t experience a repeat of 2008/2009 when we had to start over from scratch. So many of us are scarred from The Great Recession, but the reality is that there are so many news outlets that rely on fear mongering techniques that make people freeze in fear. In today's episode, I explain how we’ve ended up in this rapid inflation situation, why a recession is usually a self-fulfilling prophecy, and three ways that you can bulletproof yourself for whatever’s coming down the pipeline. 

 

IN THIS EPISODE, WE TALK ABOUT:

  • Navigating negative propaganda about the economy 
  • Debunking myths about economic recessions 
  • Taking a critical look at your monthly spending habits 
  • Ideas for how to create a new income stream
  • Why I always suggest having a 12 month reserve in your savings account 
  • The single thing that will set us apart from having another ‘08/’09 situation 

 

RESOURCES

  • Text BULLETPROOF to 310-421-0416 to get VIP early access to my new course. 
  • Text DAILY to 310-421-0416 to get daily Money Mantras to boost your day. 

 

CONNECT WITH LORI

Follow Lori: @loriharder

Follow Lite Pink: @drinklitepink

Follow Earn Your Happy: @earnyourhappy

Follow Girlfriends & Business: @girlfriendsandbusiness

Listen to Girlfriends & Business

Listen to Earn Your Happy

 

CONNECT WITH CHRIS

Follow Me: @chriswharder

Visit My Website: https://chrisharder.me 

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