Recession Risk: Tips for Protecting Your Finances

Reported about 24 hours ago

As several Wall Street firms increase their recession forecasts for the next year, financial expert Jean Chatzky emphasizes the importance of preparing for potential economic downturns. She advises individuals to monitor rising unemployment and declining consumer confidence while focusing on their personal finances. Key steps include enhancing job security, updating resumes, and saving extra funds for emergencies, as hiring may slow but continues even during downturns.

Source: YAHOO

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