Impending Recession Or Not, Use These Professional Tips To Prepare For Financial Turbulence
Allwork
AUGUST 26, 2024
Economic Contraction: A recession starts with a slowdown in economic activity, which is typically measured by a decline in Gross Domestic Product (GDP) for two consecutive quarters. It’s also helpful to adjust your spending by implementing a more conservative budget, focusing on essential expenses and reducing discretionary spending.
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