You can always be better prepared. Preparing for a recession can be tough, and knowing where to start can be even harder. We have compiled these resources and strategies to help you establish a solid foundation for recession-proofing your lifestyle.
Everyone is curious about what will happen when the recession is officially announced. Home values making big jumps, looming inflation rates, and unfair gas prices have shaken everyone a little. Let’s check out some great ways you can start preparing for a recession today.
Offer #1: Get a Solution to your Debt.
If you don’t take control of debt early on, it can add undue stress to your life for years. The longer you put off tackling it, the harder your debt issue becomes. What if there was a way to tackle your debt? It can feel like a burden to watch that number slowly rise while the cost of everything around you does simultaneously.
Here’s the issue: the longer you wait to address your debt, the harder it will become to fix with the projected inflation rising steadily. If you can manage this debt early on, it can reduce stress and help take some weight off your shoulders when you swipe your card at the self-checkout register.
Freedom Debt Relief could provide you with a program estimate in minutes! If you have $20,000 + in debt from cards, bills, collections, or personal loans, their representatives might be able to assist you in resolving your unsecure debt by a low monthly program payment.
Fill out this form and see what savings await
Our estimates are based on prior results, which will vary depending on your specific enrolled creditors and your individual program terms. Not all clients are able to complete their program for various reasons, including their ability to save sufficient funds. We do not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. We do not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Our service is not available in all states, including New Jersey, and our fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. Read and understand all program materials prior to enrollment. The use of debt settlement services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements we obtain on your behalf resolve the entire account, including all accrued fees and interest. C.P.D. Reg. No. T.S.12-03825
Offer #2: Let the Debt Experts help you relieve Debt Stress.
A debt of any kind can force you to reevaluate your situation. Tax debt especially. It can leave you drained and the stress can pile up once the IRS gets involved. If you’re looking for assistance to kick start your progress, the experts at Easy Tax Relief can help.
ETR is designed to help you get out of tax debt faster and could even eliminate some of the debt you owe. ETR is not like most tax companies. They’ll assist with IRS communications, as well as can help you pay off your tax debt faster while potentially reducing what you owe.
Click here to learn more
Offer #3: Create a Hedge against inflation with your Investments
Seeking a safe and simple way to manage your wealth? Interested in investing in natural resources? If you’re seeking an all-in-one platform to monitor and manage your investments in gold look no further than Vaulted. Install the app. Link your preferred payment method or directly to your bank. Start managing and building your gold portfolio via their trusted platform.
Vaulted works directly with the Royal Canadian Mint, allowing the user to purchase and own 99.99% manufactured pure gold kilo bars. These bars are allocated to individuals, and won’t ever be leased to any entity. Looking to get hands-on with your gold? Vaulted has you covered there too. Utilize Vaulted’s service to move and transfer your gold to a specific address or even another vault! Gold is a great investment strategy to hedge against inflation. Make sure your budgeting for your future as well as your groceries!
Offer #4: Find yourself Wasting your Emergency Fund on your Assets?
Whether you’re a brand new homeowner, or a homeowner’s insurance owner already this tip will help you keep those cupboards full in a pinch. Choice Home Warranty can pick up the slack where your preparedness, or insurance, falls short. Not being able to make repairs could leave you in a bad situation- but a home warranty could protect you from adding another project to your home improvement list.
If a covered system in your home breaks down, you can receive 24/7 assistance from their repair hotline. With a network of over 15,000 technicians, you can rest assured the issue can be resolved in a timely and inexpensive manner. CHW was awarded Best Company’s 2020 Consumer’s Choice Award. For a limited time, you can get your first month free when you sign up for a Single Payment home warranty plan.
Sign up for your Home Warranty Plan today.
Offer #5: How to Tackle Car Insurance during a Recession.
Auto-Insurance doesn’t have to be a headache of various line items and researching what your state’s minimum requirements are. Instead, let the experts at SmartFinancial utilize their technology, licensed agents and their insurance expertise to make the process simpler and more efficient for users across all 50 states.
On average, we find that we could save you up to 500$/year on car insurance. This is a great solution to find unique ways to save money and learn if you have been overpaying for auto insurance. Make your decision based on real-time data from their clients in the auto industry. SmartFinancial isn’t focused on telling you if the insurance is good or bad. Their goal is to help you find an insurance option that fits well with your predicted interactions in the company. Are you an uber driver? Have some kids that will soon be joining your auto insurance plan? SmartFinancial can help you make the right decision thanks to its decade of experience as a leading insurance marketplace.
Savings await, Click here to start your Journey