How to prepare for a global recession?

What should you do to prepare for a global recession happens? Personally, I believe it is to focus on your cashflow, particularly your income. You should really work on building multiple sources of income.

Establish both active and passive income. Do some freelancing gig apart from your employment income. See if you can start a business.

More details in the video below.

Tags: global recession, how to prepare for recession, personal finance