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Save Money and Make Money When Times are Tough with Julie Lokun
Manage episode 337686340 series 3300163
Contenido proporcionado por Julie Lokun JD, Mika Altidor and Tia Morell Walden, Julie Lokun, Mika Altidor, and Tia Morell Walden. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Julie Lokun JD, Mika Altidor and Tia Morell Walden, Julie Lokun, Mika Altidor, and Tia Morell Walden o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
Recession-Proof Your Wallet: Save Money and Make Money Even in Tough Times!
A recession doesn’t have to put your finances in jeopardy. Whether you’re looking to cut costs, increase income, or safeguard your future, there are proven strategies to help you thrive during economic downturns. Learn how to manage your budget, identify recession-proof side hustles, and make savvy investments that pay off. This is your chance to not just survive—but come out stronger!
Tips for Saving Money:
- Create a Budget – Track every dollar with apps like Mint or YNAB. Knowing where your money goes is the first step to saving.
- Cut Non-Essential Expenses – Eliminate unused subscriptions and shop smarter with coupons and cashback apps like Rakuten.
- Focus on Essentials – Prioritize needs over wants by distinguishing between essential and discretionary spending.
- Negotiate Bills – Call your service providers to negotiate lower rates on utilities, insurance, and even credit card interest.
Tips for Making Money:
- Start a Side Hustle – Leverage skills like freelance writing, tutoring, or graphic design to earn extra income. Use platforms like Upwork, Fiverr, or TaskRabbit.
- Sell Unused Items – Turn clutter into cash by selling on eBay, Facebook Marketplace, or Poshmark.
- Invest in Passive Income – Explore opportunities like dividend-paying stocks, rental income, or creating digital products to sell online.
- Learn a New Skill – Take affordable online courses on platforms like Coursera or Skillshare to position yourself for higher-paying jobs.
TOPICS--
- Recession-proof strategies
- Save money during a recession
- Recession side hustles
- How to make money in tough times
- Tips for saving money fast
- Budgeting tips for economic downturns
- Best side hustles for extra income
- Money-saving hacks
- Smart investments during a recession
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