A recession may be headed our way. How can we prepare? I'm walking through our family's 5 step financial plan to prepare for a recession.

Second, we’re back with our Mortgage Free Family segment! This month we’re featuring Sandra Park from Texas. She’s going to share how she paid off her mortgage in his 40s and how it allowed her more cash flow and the ability to help her son pay for college.

Last, we're sharing the Good Word once again. My son Calvin and I are sharing the latest World Happiness Report, how the United States ranks, and how service to others matters.

EPISODE RESOURCES:

CHAPTERS

00:00 – Intro

01:50 – Step 1: Shore Up Your Emergency Fund

04:35 – Step 2: Continue Investing According to Your Plan

05:50 – Step 3: Reduce Expenses, Not Your Happiness

11:30 – Step 4: Earn More Without Burning Out

13:55 – Step 5: Be Generous Where It's Needed

16:40 – Mortgage-Free Family: Interview with Sandra Park

17:45 – Sandra's Mortgage-Free Journey

20:00 – Budgeting, Downsizing, and Mindset Shifts

29:00 – Post-Mortgage Life and Financial Freedom

32:50 – Generational Wealth and Lessons for the Next Generation

38:00 – Good News Segment with Calvin Hill

46:35 – Shoutout of the Month

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