Episode # 461, "How To Be Prepped Financially For The Coming Potential Recession Or Depression; Advise From An Expert"
"How To Be Prepped Financially For The Coming Potential Recession Or Depression; Advise From An Expert"
We've said several times that we are concerned about the possibility of recesssion or depression coming in the near future.
The signs are there. More and more economists are agreeing with us.
What can we as individual practical preppers do to get ready, just in case it does happen.
We're going to talk about that on this "Ask The Expert" episode today.
Our guest expert today is: Ralph Estep Jr. He is a highly accomplished professional. He is an accountant, financial consultant, author, and a podcaster - Askralphpodcast.com
He is also a farmer - yes, he raises angus cows.
Contact Ralph Askralph.com
Here are my takaways from the interview:
Financial prepping is part of the total prepping package
Hard times could be coming
Get your financial house in order
Be building that emergency fund
Reexamine our budget
Deep dive into discretionary funds
Track all your expenses
Stop adding to your debt
Aggressively attack debt
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