How to SURVIVE and GET RICH During a RECESSION! | Networth & Chill

Video Description

Another solo Vivian yap session! On this episode of Networth and Chill, Viivan dives into how to actually build wealth, no matter how bleak the economic landscape looks. The US is in some murky financial waters, not quite recession land, but people are definitely prepping for the worst. With the economy up in the air, now is the most important time to get financially literate. From upping your savings to answering some of your burning questions, welcome to recession 101, class is in session! Follow the podcast on Instagram https://www.instagram.com/networthandchillpod/ and TikTok https://www.tiktok.com/@networthandchill Prefer listening on audio? Head to https://link.chtbl.com/g2iKsL6t to listen to Networth and Chill, wherever you get your podcasts! Check out Dolly at https://www.askdolly.com/ and sign up to be a beta tester! Got a financial question you want answered in a future episode? Email us at [email protected] Thank you to our sponsors: Brooklinen About Me Your favorite Personal Finance & Investing Creator. Let’s talk about money, career, & getting rich. Learn more about my background in Finance on www.YourRichBFF.com and follow me for more smart money tips. https://www.instagram.com/your.richbff/ https://www.tiktok.com/@yourrichbff https://www.pinterest.com/YourRichBFF/ https://www.instagram.com/networthandchillpod/ Want more Financial News coverage? Sign up for my weekly e-mail newsletter enRICHed: https://yourrichbff.substack.com/ 00:00:00 Strategies for Recession-Proofing Your Finances 00:03:50 Understanding Economic Cycles and Recessions 00:06:56 How Liquidity Issues Cause Bank Collapses 00:10:11 Understanding Index Funds and Investment Strategies 00:13:37 Why Non-Cyclical Staples Outperform in Economic Downturns 00:17:09 Introducing AskDolly: Financial Advice for Everyone 00:20:23 Balancing Your Retirement Portfolio 00:23:52 Empty Shelves and Increased Prices 00:27:31 Impact of Regulatory Changes on FDIC