Ep 6 - A Recession Is Coming - How To Prepare

<p>In this episode, we discuss the current market situation on how this recession is coming, or as some say is already here. We talk about how you can best prepare yourself on being in the best position possible and how to prevent any possible economic downturn that may come into your life. We also discuss how you can profit in this recession as well! </p> <p>Help support us by joining our Patreon! (<a href='https://www.patreon.com/BrokeMillennialFinance'>https://www.patreon.com/BrokeMillennialFinance</a>)</p> <p>Subscribe To Our YouTube Channel: (<a href='https://www.youtube.com/c/brokemillennialfinance'>https://www.youtube.com/c/brokemillennialfinance</a>)</p> <p>Here are the referral links for you to join to get your free stocks:</p> <p>Robinhood: (<a href='https://join.robinhood.com/naveras-a23246'>https://join.robinhood.com/naveras-a23246</a>)</p> <p>Webull: (<a href='https://act.webull.com/i/QNmo8WB8Yzc2/74x/'>https://act.webull.com/i/QNmo8WB8Yzc2/ufl/</a>)</p> <p>Coinbase: (<a href='http://coinbase.com/join/khan_st?src=ios-link'>http://coinbase.com/join/khan_st?src=ios-link)</a></p> <p>Show Notes:</p> <ul><li style="font-weight:400;">Is A recession coming? How do you prepare?</li> <li style="font-weight:400;">How the stock market is currently <ul><li style="font-weight:400;">The S&P 500 and Dow Jones Industrial Average are trading in bear market territory, and now sit around 30% below their all-time high levels from just last month</li> <li style="font-weight:400;">Feds slashed the rates to near 0%</li> </ul> </li> <li style="font-weight:400;">All news outlets saying we are already in recession <ul><li style="font-weight:400;">CNBC/Barrons/WSJ</li> <li style="font-weight:400;">1M jobs will be lost every month</li> <li style="font-weight:400;">Unemployment to double.</li> </ul> </li> <li style="font-weight:400;">What to do? <ul><li style="font-weight:400;">Budget everything carefully</li> <li style="font-weight:400;">Cut all non essential items</li> <li style="font-weight:400;">Look at you