895. What To Do If You're Afraid Of A Recession Coming

Earn Your Happy

Lori Harder

Entrepreneurship, Business

4.8 • 2.8K Ratings

🗓️ 31 May 2022

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

I wanted to have a conversation with Chris about what’s really going on in this uncertain economy, what he thinks is coming in the future, and how we can prepare ourselves so that we don’t experience a repeat of 2008/2009 when we had to start over from scratch. So many of us are scarred from The Great Recession, but the reality is that the majority of news outlets rely on fear mongering techniques, which just make people freeze in fear. In today's episode, Chris explains how we’ve ended up in this rapid inflation situation, why a recession is usually a self-fulfilling prophecy, and three ways that you can bulletproof yourself for whatever’s coming down the pipeline. IN THIS EPISODE, WE TALK ABOUT: Navigating negative propaganda about the economy Debunking myths about economic recessions Taking a critical look at your monthly spending habits Ideas for how to create a new income stream Why we always suggest having a 12 month reserve in your savings account The single thing that will set us apart from having another ‘08/’09 situation RESOURCES Text BULLETPROOF to 310-421-0416 to get VIP early access to Chris’s new course. Sign up for The Spritz newsletter at litepink.com! Text PODCAST to 310-496-8363 for updates and a chance to be featured on the show! CONNECT WITH LORI Follow Lori: @loriharder Follow Lite Pink: @drinklitepink Follow Earn Your Happy: @earnyourhappy Follow Girlfriends & Business: @girlfriendsandbusiness Listen to Girlfriends & Business CONNECT WITH CHRIS Follow Chris: @chriswharder Visit Chris’ Website: https://chrisharder.me Listen to The Chris Harder Show

Transcript

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0:00.0	Thanks again to growthday.com for sponsoring this podcast.
0:03.8	Growth Day is the world's number one self-improvement system.
0:07.1	It has all the tools, motivational classes and life coaching you need to fulfill your
0:11.6	potential.
0:12.6	If you love journaling, tracking your habits, setting your goals like I do, and learning
0:17.3	from inspiring motivational speakers and wellness coaches, then you're going to love growth
0:22.9	day.
0:23.9	I teach on growth day every single month and I'd love for you to join me on the app.
0:30.2	Go to growthday.com for a free trial.
0:32.6	Join 300,000 people making self-improvement away of life.
0:36.7	Visit growthday.com to start your new life with a free trial today.
0:41.3	I hope to see you there.
0:45.8	Stop the bleeding.
0:46.8	Any time that we enter into an uncertain economy, any time that there's fear of being talked
0:50.7	about, this is everybody's chance.
0:53.8	To pull out their budget, to pull out their last couple of months of bank statements and
0:58.4	credit card statements, and to say, where can I stop the bleeding?
1:10.2	And we're back with another episode of He Said, She Said.
1:14.5	And today I'm excited to be asking Chris some questions about money, the economy, how
1:21.5	things are changing.
1:23.4	Should you be in fear?
1:24.4	Should you be excited?
	...

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