Every news outlet keeps talking about fears of a recession. I want to dig deeper on that topic a little bit today as we wind down the week.
A “recession” is defined by economic and GDP contraction, at least on a significant scale. But what does a “recession” mean to you and me?
Let’s face it: If a household income earner loses their job and benefits, forget a recession — your family just entered a depression.
Sure, you can hope your unemployment sustains you… but in reality, it’s not going to provide for you like your salary once did.
Your life just went from hunky dory to “holy shit, what am I going to do??” in a matter of seconds! It’s likely one of the worst feelings you’ll ever experience.
Your cost of living budget just disappeared, your food budget just disappeared, your car payment, cell phone bill … you name it, all gone!
You’d be left asking yourself the timeless question: “and then what?”
If you’re not preparing for “and then what?” now or you haven’t been all along, you my friend are behind the 8 ball by a long shot!
Shit’s about to get real — maybe not today, but soon. The path this country and the world is on is UNSUSTAINABLE!!!
If you haven’t sat down with your spouse yet and discussed what the “back up plan” looks like, there’s no time like the present to get it done.
You have no idea if your employer or HR department is going to drop you an email saying: “Your services are no longer needed.”
It can happen in a heartbeat — it’s all over and like I said earlier, life for you and your family went from “normal” to a “depression” almost instantly.
It’s your job as a “provider” to be ready for this day. Hopefully it never shows its ugly face, but it can happen to any of us!
What’s “Plan B”? It’s time to start thinking about what that looks like and what it entails TODAY, not when it’s too late and you’re left hungry.
We all have the same 24 hours in a day. Some folks have created multiple incomes leveraging the same amount of time you have as well.
Maybe it’s an online business? Maybe it’s real estate? Maybe it’s the stock market? Whatever it is, get to it and get to it NOW!!!
If you like the freedoms and flexibility the stock market can offer you, then perhaps we can work together for you to gain your stability.
If you’d like to learn more about the services I offer and the opportunity to trade with me, simply click here to view my Webinar.