How are you preparing for the coming recession? What tips do you have for others?

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How are you preparing for the coming recession? What tips do you have for others?

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  1. Due_Willingness1 Avatar

    I’ve got some food stocked up, plans to reduce my household spending as needs dictate but that’s about it 

    Least we’re all going to have to suffer through this together, both the magas and the decent people 

  2. Sm3llMyFing3r Avatar

    Just googling ways to quietly euthanize myself.

  3. Ok_Walk_6283 Avatar

    Pilling up my cash to get ready for a great buying opportunity.

  4. Insert_random_panda Avatar

    Make As much money as possible take on as many freelance gigs as i can during downtme at work and to buy as much real estate as I can when prices fall another 40%.

  5. Slatedtoprone Avatar

    Find a way to grow your own food. Buy things in bulk now, like rice and other non perishable food items. 

  6. vapemyashes Avatar

    Only thing I got left is to mock and ridicule the right who aggressively asked and voted and cheated for this. It will be funny to see their suffering suffrage

  7. Icy_Plan6888 Avatar

    Reading every Reddit post I can while on the shitter and then going back to work

  8. Lobbit Avatar

    Fun fact – a recession  2 years or more is considered a depression!

  9. LeopoIdStotch Avatar

    Hold on to your butts

  10. MTHiker59937 Avatar

    hoard cash, get home repairs done as soon as possible before tariffs kick in on the price of construction materials, and get rid of streaming I don’t watch.

  11. AppropriatePie8501 Avatar

    Even if the maggots come to Jesus, there is nothing that can be done. Is there?

  12. cryptic-malfunction Avatar

    Well for him is all he ment.

  13. Photodan24 Avatar

    “Trump’s Recession”

  14. Pachirisu_Party Avatar

    I am hoarding Eggo waffles and safety pins.

    You never know!

  15. etepper14 Avatar

    Buy lots of toilet paper

  16. IDGAFButIKindaDo Avatar

    Might go as far as a depression. Haven’t seen a drop like this since ‘08. And we knew it was coming.

  17. Ok-Foot7577 Avatar

    Just gonna starve to death like a good American instead of bitching about the cost of living

  18. Antique-Tart-3756 Avatar

    Make a garden guys!! Seriously, it will help cut down on that grocery bill. Use rainwater to water them, learn how to properly store food from your garden for the long-term.

    We are stronger in numbers! Get to know your neighbours, maybe host a neighbourhood bbq! Meeting your community means that we will rely more on each other when things get really hard.

    Hope is not lost. Keep your head up, and keep moving forward. Giving up and giving in is exactly what the rich people in charge want. Don’t let them win!

  19. Impressive_Pitch_869 Avatar

    Learning to cook meals with cheaper ingredients

  20. o2msc Avatar

    From an investing standpoint, buying more stock while the price is low since I’m a long term investor who doesn’t panic sell.

  21. Fun_Apartment7028 Avatar

    Save your money. $10, $20 whatever, keep in outta your pocketbook & into a savings account.

    Stop door dashing your food. Treat yourself once or twice a month & use your own oven to cook things.

    Check flyers & buy stuff when it’s in sale.

    When fruits & veggies are in season, buy & freeze them. Strawberry margaritas are just as good in Feb!

    Also give up eating yellow snow. It never tastes like lemon.

  22. SeriousData2271 Avatar

    I am retired but thinking it’s a good time to look for part time work

  23. Sargash Avatar

    potato
    Learn how to make beans

  24. joshua27usa Avatar

    If you have money, wait till the collapse and buy dirt. If you don’t have money, start organizing violence against the man.

  25. Georgiamcfly Avatar

    Stock up on food , moved all asset into cash , bonds and silver/gold . Canceled streaming service and other non essential crap. Amazon Apple subscriptions . It’s going to be a long road .

  26. NightmareNympho Avatar

    We’ve been in recession

  27. rmh61284 Avatar

    Cash, HYSA…

  28. Huge_Rich522 Avatar

    My family has a 7-9 month nest egg saved up. We have a 2 year old and will have a newborn in a the summer so I’d feel more comfortable with a years worth of living expenses, but we are where we are. It provides some comfort. May pause contributions to our children’s educational funds for a year to get a bit more padding, I’m still debating that bc who knows what the fuck the market will do. 

    Also, we live a bit below our means. Our housing/mortgage is closer to 20% of our monthly take home pay. Recommendation is to stay at or below 30%. 

    I had graduated college during the recession of 2008. I was lucky enough to find a job in a major city, but I watched so many friends graduate from excellent universities and work minimum wage jobs for a year or two because of the market. I learned what that shit looks like and have been very focused on preparing for another major economic downturn sin since. 

  29. Professional2911 Avatar

    Buying more Tesla stock

  30. Mulliganplummer Avatar

    Nothing you can do, but pray you have a steady job.

  31. pcsupportal Avatar

    Start collecting bottle caps.

  32. TrinkieTrinkie522cat Avatar

    Only buying essentials. Shopping at Winco. Not going out to eat or booking entertainment. No traveling. Made our big purchases at the end of last year. We knew a shit show was coming. Keep a monthly budget and track costs. Cancelled 2 streaming channels. Look for cheap entertainment, like museums. Some offer free admission once a month. We are in our 70s, been through this before.

  33. azzers214 Avatar

    Emotionally prepare yourself for its randomness. This is (probably) not your fault and while you can somewhat make rational calls about whether you work in a high turnover or low turnover/safe industry that still doesn’t change that you’re probably not in the room where the calculations happen.

    So plan economically and also remember that not-spending is just as catastrophic. The not-spending bit is about when you talk to people as a group. Everyone should try to be rational. The mechanic is supporting his family. The plumber is supporting his family. And yes, those “bullshit jobs” some people insist are out there are supporting someone else’s family. So plan your spending rationally and try not to jump from one side of the boat to the other continually.

  34. Competitive_Unit_721 Avatar

    Not believing all the idiots on Reddit. I’m still waiting for the Al Gore ocean risings…

    (And no I’m not whatever name you want to give me). I just educate myself and realize things aren’t what social media make them out to be.

  35. johnny-tiny-tits Avatar

    During the last big recession in 2008/2009, a lot of people just switched from sit down restaurants to fast food, but right now there are weirdly some sit down chains like Chili’s and Applebees that are a better value than fast food. If you do fast food, stop getting drinks and maybe even fries. But if you really want to save money, start cooking for yourself, and make big meals you can stretch over days with leftovers.

  36. MrOnlineToughGuy Avatar

    Gonna be working OT to stack cash.