2022 Recession: How to End Up Rich Instead of Broke

Want to get rich this recession instead of just watching your portfolio crash? In this post, I will break down 3 things you can do to make your income recession proof.

With the stock market hitting an all time low, inflation hitting an all time high, and weird things happening in markets all around, I think it’s clear that we are heading towards a recession. But that doesn’t mean that you have to suffer or go financially broke — even if you lose your job!

To keep it simple, we will break it down into three sections: industries, side hustles, and investments. That way if the recession gets real bad, you will have some information on what you can do.

The last major recession happened in 2008. At the time, I was a sophomore in college and didn’t know what I was doing! I came home from the summer and what was going on in the world finally dawned on me. Some of my friends and family had lost their jobs and homes. It was the biggest crash since 1929.

Industries

That being said, the top 1% made saw opportunity in this time of struggle. Big name companies such as Pinterest, Airbnb, and Instagram were founded in 2008! Now, you don’t have to create the next…