Summary of How To Prepare For A Recession | Saving

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The video discusses three ways to prepare for a recession: scanning, stashing, and saving. The author recommends preparing for job loss, credit card debt, and inflation.

• 00:00:00 The author discusses three ways to prepare for a recession: scanning, stashing, and saving. He notes that during a recession, stocks plunge, unemployment goes up, and some areas of life (such as car and mortgage payments) are more sensitive to interest rates than others. He recommends preparing for job loss, credit card debt, and inflation.