HAVE YOU BEEN PAYING ATTENTION TO THESE MAJOR BEEN SEEING OR SIGNS THAT'S BEEN GOING ON IN THE ECONOMY?

HAVE YOU BEEN PAYING ATTENTION TO THESE MAJOR BEEN SEEING OR SIGNS THAT'S BEEN GOING ON IN THE ECONOMY? The British pound, just fell to its lowest level against the dollar since 1985. The euro is at a 20-year low. The US had two negative GDP quarters by definition, it's a recession. China is facing a banking and real estate crisis. Russia and Ukraine are still at war and there's no signs of that slowing down. Pope Francis, the Pope moved all of the church's financial and liquid assets to the Vatican Bank from any other bank. Not to mention, food shortages all over the world, product shortages, and a global supply chain issue. These are all signs of a global financial market crisis and other words, a global recession. But, you know, signs, how do we put ourselves in a position in order to capitalize, in a recession? Here are some ways to prepare for this crisis. One, make sure you have enough cash reserves. Ideally, you want to have at least six months of business and living expenses set aside. Two, cut down on any unnecessary expenses that you don't get much out of. Cancel those subscriptions that you never use or any other unnecessary expense. Three, minimize those high interest debts. Pay down those credit cards. You want to build your credit score up in order for you to have more buying power. Four, if you can get access to more money now, do it. Whether it's finding another job, some form of side hustle or passive income, do it. After you've put yourself in the best position possible for this crisis. Capitalize. In a global recession. I had to break this video down into two parts in order to fit all the information. Make sure you follow to see part two and don't forget to tap into our Discord to learn more about investing.