In Brief: Recession-proof your finances: 10 practical steps to ensure your money is working hard for you #TipTuesday
Tuesday, 26 July 2022
Making your finances recession-proof is all about taking practical steps to ensure your money is working hard for you. It is vital to be completely honest with yourself about your financial situation.
By conducting a thorough audit of your finances and gaining a comprehensive understanding of all your incomes and outgoings, this will show you exactly where your cash is going and, most importantly, help you identify problematic spending behaviour.
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change. Always remember when investing, past performance is not necessarily a guide to future performance and
the value of some investment units can fall as well as rise.