Episode 71: Teach Me How to Recession-Proof My Finances and Navigate Inflation and Interest Rates, with Nicole Victoria of No Budget Babe
As if adulting wasn’t hard enough already, we’re now facing the realities of rising interest rates, skyrocketing inflation, mass layoffs and a looming recession. Anyone else need a drink? So this week’s episode is all about how to recession-proof our finances, because economic instability is upon us, whether we like it or not.
There is A LOT to learn when it comes to protecting your nest egg, winning in an unstable stock market, and multiplying your revenue streams, so we brought in financial expert Nicole Victoria AKA No Budget Babe, to teach us how to take control of our finances. Nicole is a CEO, money coach and financial literacy advocate who specializes in helping millennial and gen-z women effortlessly manage their money and build bank accounts that never stop growing. So grab a glass (or a bottle—economies of scale!) of wine, and get ready to set yourself up for financial success.
Join us as we chat about:
What to do with your investments during a recession
The history of stock market crashes and bear markets
The do’s and don’ts of making an emergency fund
How to manage your debt
Ways to start generating passive income
Tips for bringing your fixed costs down and negotiating bills like a pro
The pros and cons of entering the real estate market right now
We hope this episode inspires you to start (or continue) to build your nest egg and invest your money so that you’re set up for success no matter what this crazy economy throws at you!