Tuesday, June 14, 2022

Money Crashers: Two recession articles

With all the headlines abuzz about the chances of an upcoming recession, Money Crashers gave me a rush assignment to prepare and/or update several articles on recession-related topics. The first one is my attempt to answer the question of whether we are, in fact, headed for a recession. I explore eight indicators that can point to a possible recession and what they say (spoiler alert: while they're not favorable, they're not conclusive either).

 Is a Recession Coming in 2022? – 8 Warning Signs of Economic Slowdown 

The second is on how to be ready for the recession if it hits — or, more accurately, when it hits, since there's sure to be another recession at some point. This is a full rewrite of my earlier piece on how to be prepared for a recession, covering most of the same topics (emergency fund, budgeting, passive income, investments, debt, employability, insurance), but with updated stats and new organization.

How to Prepare for a Recession - 9 Ways to Protect Your Money & Finances

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