Welcome to another empowering episode of the Building Your Money Machine Show. Today, I'm exploring the timeless habits that can see you through any recession without breaking a sweat. We've all experienced the anxiety of economic downturns, but here's the truth: recessions are inevitable, yet financial ruin is optional. This episode is your guide to thriving in any economy, not just surviving.

I speak candidly about how the right financial habits, not just income, can differentiate those who profit from recessions from those who fall victim to them. I share stories from the 2008 financial crisis and even the Great Depression to highlight how savvy individuals and investors turned turmoil into triumph—Warren Buffett, anyone?

From building a robust emergency fund and prioritizing essential needs over wants, to expanding your income streams and understanding the nuances of investing steadily—I've got you covered. We delve into avoiding high-interest debt, setting a recession-proof budget, and leveraging your skills for greater earning potential.

IN TODAY’S EPISODE, I DISCUSS:

• Building a recession-proof emergency fund for peace of mind
• Prioritizing essential needs over wants to avoid unsustainable lifestyles
• Expanding your income streams to increase financial security
• Investing in skills for long-term financial growth and job security
• Creating a diverse, inflation-resistant investment portfolio
• Networking strategically before you actually need it

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If you liked this episode, click here to enjoy these and more:
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• What you need to know before retiring
• Are you ready for what's going to happen to the economy?
• The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+
• The games and strategies of the rich. What I learned as a CPA for the ultra wealthy. 
• You Can Change Your Finances in 8 Weeks... Here's How

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If you liked this video, you'll love these ones:

• What you need to know before retiring: https://youtu.be/TTFwT6Q9wE4
• Are you ready for what's going to happen to the economy?: https://youtu.be/XR_7hYvPLnE
• The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+: https://youtu.be/5S7XgkaIItY
• The games and strategies of the rich. What I learned as a CPA for the ultra wealthy: https://youtu.be/V__Qgkqv4SQ

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