The recession is coming! The recession is coming!!!

Can you all hear that? A vision of Paul Revere on horseback warning the people should be running through your head. If you watch the news, we should be scared out of our minds about the coming recession. The economy is slowing, layoffs are occurring, the price of eggs is frightening, interest rates are skyrocketing, and the world is falling apart… and yet no one seems to be suggesting how we can protect ourselves.

Now you are thinking… how can I protect myself from the coming recession? (see how that worked, lol)

Here are 5 tips to help you prepare:

1. Reduce or eliminate bar night/eating out.

2. Live on a cash basis- stop using credit cards.

3. Examine your subscriptions to Netflix, Amazon, Sirius, etc., and get rid of some or all of them.

4. Pre-plan your meals via meal prep.

5. Never impulse buy… Shop from a list.

Now you are thinking…I am in debt. How can I deal with that? At Thav Gross, P.C., we have been helping people with debt issues for over 40 years. Our Financial Crisis Management team will find the most effective, least costly method to get you out of debt. Whether your solution is Bankruptcy, Debt Resolution, making you uncollectable, Tax Offers in Compromise, or Budget Management, our goal is to tailor the solution to you. We don’t try to fit a square peg into a round hole; we examine your situation and figure out what works best for you. We fight for you.

Stress comes from being overwhelmed without a solution. Hiding your head in the sand and hoping your issues go away will not work. Call us today at 888.235.4357 for a free consultation regarding eliminating your debt and to help you prepare for the coming recession. The news is warning us, just as Paul Revere did so many years ago… the key is to get ahead of the recession rather than step in what the horse leaves behind.