{"id":6329,"date":"2020-05-24T22:45:00","date_gmt":"2020-05-24T22:45:00","guid":{"rendered":"https:\/\/financiallyfitfoundation.org\/site\/?p=6329"},"modified":"2020-05-20T22:48:25","modified_gmt":"2020-05-20T22:48:25","slug":"preparing-for-recessions","status":"publish","type":"post","link":"https:\/\/financiallyfitfoundation.org\/site\/preparing-for-recessions\/","title":{"rendered":"Preparing for Recessions"},"content":{"rendered":"\n<p> Empirical evidence would show that <a href=\"https:\/\/www.facebook.com\/hashtag\/recessions?__eep__=6&amp;__cft__[0]=AZX_fOqvpwfK57qv6UKjd53WgDue83e9uH8txbkAaic-74R3AiBckkkKUFPWqrdJ6dFYqYQwRQCv9Nux_wC3K59AVcPcsg1H-wRUxCGOb-SAozvfynh9Sh8I7vOcj_ID-sQy78tgMk8PaOKj04sxNTT8CE-9qaUPO6ct13m4hfDkBQ&amp;__tn__=*NK-R\">#recessions<\/a> are inevitable in capitalist modern economies. Woefully, the current recession, forecasted by financial experts, has been accelerated by the <a href=\"https:\/\/www.facebook.com\/hashtag\/covid?__eep__=6&amp;__cft__[0]=AZX_fOqvpwfK57qv6UKjd53WgDue83e9uH8txbkAaic-74R3AiBckkkKUFPWqrdJ6dFYqYQwRQCv9Nux_wC3K59AVcPcsg1H-wRUxCGOb-SAozvfynh9Sh8I7vOcj_ID-sQy78tgMk8PaOKj04sxNTT8CE-9qaUPO6ct13m4hfDkBQ&amp;__tn__=*NK-R\">#Covid<\/a>-19 <a href=\"https:\/\/www.facebook.com\/hashtag\/pandemic?__eep__=6&amp;__cft__[0]=AZX_fOqvpwfK57qv6UKjd53WgDue83e9uH8txbkAaic-74R3AiBckkkKUFPWqrdJ6dFYqYQwRQCv9Nux_wC3K59AVcPcsg1H-wRUxCGOb-SAozvfynh9Sh8I7vOcj_ID-sQy78tgMk8PaOKj04sxNTT8CE-9qaUPO6ct13m4hfDkBQ&amp;__tn__=*NK-R\">#pandemic<\/a>. In our \u201cWaves of the Economy\u201d section, we discuss recessions as part of our cyclical economy and propose strategies to prepare for them. While one may be unprepared for the current recession, one may proactively improve one\u2019s position to diminish its <a href=\"https:\/\/www.facebook.com\/hashtag\/financial?__eep__=6&amp;__cft__[0]=AZX_fOqvpwfK57qv6UKjd53WgDue83e9uH8txbkAaic-74R3AiBckkkKUFPWqrdJ6dFYqYQwRQCv9Nux_wC3K59AVcPcsg1H-wRUxCGOb-SAozvfynh9Sh8I7vOcj_ID-sQy78tgMk8PaOKj04sxNTT8CE-9qaUPO6ct13m4hfDkBQ&amp;__tn__=*NK-R\">#financial<\/a> effects and prepare for future <a href=\"https:\/\/www.facebook.com\/hashtag\/economic?__eep__=6&amp;__cft__[0]=AZX_fOqvpwfK57qv6UKjd53WgDue83e9uH8txbkAaic-74R3AiBckkkKUFPWqrdJ6dFYqYQwRQCv9Nux_wC3K59AVcPcsg1H-wRUxCGOb-SAozvfynh9Sh8I7vOcj_ID-sQy78tgMk8PaOKj04sxNTT8CE-9qaUPO6ct13m4hfDkBQ&amp;__tn__=*NK-R\">#economic<\/a> downturns. <\/p>\n\n\n\n<p>This is of great importance because, given Americans\u2019 longevity, one is guaranteed to experience multiple economic depressions during one\u2019s lifetime.<img loading=\"lazy\" decoding=\"async\" height=\"16\" width=\"16\" src=\"https:\/\/static.xx.fbcdn.net\/images\/emoji.php\/v9\/tb3\/1\/16\/1f481_200d_2640.png\" alt=\"\ud83d\udc81\"> We, at Financially Fit Foundation, teach our participants a straightforward financial management system to prepare them for all cycles of the economy.<img loading=\"lazy\" decoding=\"async\" height=\"16\" width=\"16\" src=\"https:\/\/static.xx.fbcdn.net\/images\/emoji.php\/v9\/t3c\/1\/16\/1f5c2.png\" alt=\"\ud83d\uddc2\ufe0f\"> While it is an uncomplicated system, it does require effort.<\/p>\n\n\n\n<p>Our program is <a href=\"https:\/\/www.facebook.com\/hashtag\/free?__eep__=6&amp;__cft__[0]=AZX_fOqvpwfK57qv6UKjd53WgDue83e9uH8txbkAaic-74R3AiBckkkKUFPWqrdJ6dFYqYQwRQCv9Nux_wC3K59AVcPcsg1H-wRUxCGOb-SAozvfynh9Sh8I7vOcj_ID-sQy78tgMk8PaOKj04sxNTT8CE-9qaUPO6ct13m4hfDkBQ&amp;__tn__=*NK-R\">#free<\/a> to those participants who complete it. We are a <a href=\"https:\/\/www.facebook.com\/hashtag\/non?__eep__=6&amp;__cft__[0]=AZX_fOqvpwfK57qv6UKjd53WgDue83e9uH8txbkAaic-74R3AiBckkkKUFPWqrdJ6dFYqYQwRQCv9Nux_wC3K59AVcPcsg1H-wRUxCGOb-SAozvfynh9Sh8I7vOcj_ID-sQy78tgMk8PaOKj04sxNTT8CE-9qaUPO6ct13m4hfDkBQ&amp;__tn__=*NK-R\">#non<\/a>-profit organization, whose work is sustained through donations. <img loading=\"lazy\" decoding=\"async\" height=\"16\" width=\"16\" src=\"https:\/\/static.xx.fbcdn.net\/images\/emoji.php\/v9\/t64\/1\/16\/1f91d.png\" alt=\"\ud83e\udd1d\">If you are interested in learning this system, please contact the foundation at: oliviag@fff.education.For tips and information, you may follow us on <a href=\"https:\/\/www.facebook.com\/hashtag\/facebook?__eep__=6&amp;__cft__[0]=AZX_fOqvpwfK57qv6UKjd53WgDue83e9uH8txbkAaic-74R3AiBckkkKUFPWqrdJ6dFYqYQwRQCv9Nux_wC3K59AVcPcsg1H-wRUxCGOb-SAozvfynh9Sh8I7vOcj_ID-sQy78tgMk8PaOKj04sxNTT8CE-9qaUPO6ct13m4hfDkBQ&amp;__tn__=*NK-R\">#Facebook<\/a> Or #Instagram<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Empirical evidence would show that #recessions are inevitable in capitalist modern economies. Woefully, the current recession, forecasted by financial experts, has been accelerated by the #Covid-19 #pandemic. In our \u201cWaves&#8230;<\/p>\n","protected":false},"author":4,"featured_media":6330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-6329","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-alwaysfinanciallyfit"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Preparing for Recessions - Financially Fit Foundation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financiallyfitfoundation.org\/site\/preparing-for-recessions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Preparing for Recessions - Financially Fit Foundation\" \/>\n<meta property=\"og:description\" content=\"Empirical evidence would show that #recessions are inevitable in capitalist modern economies. Woefully, the current recession, forecasted by financial experts, has been accelerated by the #Covid-19 #pandemic. 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