Chapter Titles:
00:00-01:07- Are we moving towards a recession?
01:07-04:11 Live below your means
04:11-05:17 Have multiple streams of income
05:17-06:39 Build 3-6 months of an emergency fund
06:39-08:32 Evaluate high interest debt
08:32-09:14 Utilize government programs with paying back student loans
09:14-11:36 Stay invested long term
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In this podcast, Kevin described the importance of preparing for an economic downturn. Kevin explained why keeping your expenses low and living within your means can pay dividends when times get tough.
He went over why everyone needs to have more than one stream of income to prepare of possible job loss or a reduction in income. 
That way you are not relying on one stream of income, but you have other assets working for you if one goes away.
Other topics discussed was assessing your finances and monitoring bad debt that has high interest. As well as tips to paying back student loans. 
Lastly, the purpose of this video is to give you all perspective on looking at recessions as opportunities and the value of staying invested long term. 
Show email & contact info:
Email: [email protected]
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Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#financially #prepare #recession #insightful #principles

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