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The Worst Inflation in 40 Years! Heading To A Recession!
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Hello@financialselfreliance.net
*****
With inflation at an all time high and the fact we are heading into a recession like a freight train we are all understandably worried about what is going to happen.
I share 6 things you can do now to help you get and stay prepared for whatever the economy does.
00:00 - Intro
00:43 - Economic News. What is Inflation?
01:55 - Increase financial literacy.
02:32 - Budgeting and Cash Flow management.
03:13 - Build your savings.
03:36 - Reduce, eliminate and manage debt.
04:07 - Review your insurance needs.
04:38 - Review your investments and retirement accounts.
06:51 - Recap.
*****
F$R Mission Statement:
To help individuals and families develop empowering beliefs and emotions about money and teach them the necessary skills to become self-reliant, build wealth, and live a life of abundance.
*****
Disclaimer.
The videos on this channel are for educational and general informational purposes only and are not intended to provide specific advice or recommendations for any individual. As such, it should
not take the place of consulting with a certified financial planner, CPA (or other tax professional), legal, or other financial advisor. While we try to provide accurate and timely information, it may not be suitable for your specific personal scenario or specific circumstances. I am a financial professional but without knowing your specific information you should consider what you learn here as general advice. If you want specific advice and coaching please contact us at hello@financialselfreliance.net. I am not a tax, legal or investment advisor representative.
Our coaching is based on the data and research found in the books The Millionaire Next Door, The Next Millionaire Next Door, and The Millionaire Mind by Thomas J. Stanley and Sarah Fallaw. It is also based on 20 years of my personal experience working with money.
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