In this video, Ken talks about what you can do to prepare for a recession that's likely coming.The Federal Reserve has to keep interest rates high because inflation is staying high. That means it's likely we're going to see another recession in the near future. There are some things you can do now to be better prepared for this potential shift in the economy. Watch this video to learn more. 📘 Chapters → 0:00 Introduction 0:38 Definition of a recession 1:34 What brought this on? 2:17 What happens during a recession? 5:41 How to recession-proof your finances Check out Ken's Inner Circle where you can watch additional videos, webinars, and happy hour discussions and ask your questions to Ken. Follow this link: https://kensinnercircle.com/ Check out Ken's weekly podcast for more real estate education content, follow one of the links below. Apple Podcasts: https://apple.co/3jDqftx Spotify: https://spoti.fi/31GUDwW • • • Be sure to click the bell to be notified as soon as the next video is posted! Visit Ken's Bookstore: https://kenmcelroy.com/books/ ••• ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive. Ken's company: https://mccompanies.com/ • DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates. © 2022 KenMcElroy.com, LLC. All Rights Reserved. #kenmcelroy #recession #housingcrash