628. What To Do If You're Afraid Of A Recession Coming

<p><span style="font-weight: 400;">Lori came to me the other day and wanted to have a conversation about what’s really going on in this uncertain economy, what I think is coming in the future, and how we can prepare ourselves so that we don’t experience a repeat of 2008/2009 when we had to start over from scratch. So many of us are scarred from The Great Recession, but the reality is that there are so many news outlets that rely on fear mongering techniques that make people freeze in fear. In today's episode, I explain how we’ve ended up in this rapid inflation situation, why a recession is usually a self-fulfilling prophecy, and three ways that you can bulletproof yourself for whatever’s coming down the pipeline. </span></p> <p> </p> <p><strong>IN THIS EPISODE, WE TALK ABOUT:</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Navigating negative propaganda about the economy </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Debunking myths about economic recessions </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Taking a critical look at your monthly spending habits </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Ideas for how to create a new income stream</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Why I always suggest having a 12 month reserve in your savings account </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The single thing that will set us apart from having another ‘08/’09 situation </span></li> </ul> <p> </p> <p><strong>RESOURCES</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Text BULLETPROOF to 310-421-0416 to get VIP early access to my new course. </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Text DAILY to 310-421-0416 to get daily Money Mantras to boo