How to Build a Recession-Proof Financial Plan

On today's show I'll talk about how to build a recession proof financial plan – or at least as close as you can get. Recessions are going to happen, so the goal is not to predict them, but rather to build a plan that can survive them. I’ll take you through the key pieces, including cash reserves, defensive investing, reducing high interest debt, diversifying income, stress testing your plan, protecting against major risks, and keeping your time horizons clear. Remember, a strong financial plan is built before the recession hits, not during it. If you have liquidity, low bad debt, proper insurance, long term discipline, and a portfolio matched to your time frame, you give yourself the ability to stay calm, stay invested, and even take advantage of opportunities when others are panicking. #podcast #capitalizeyourfinances #financialplanning #financialhelp

Added 28 Jul 2026