When will they say if we're officially in a recession or not?
Talks of a recession are right now. One thing to be aware of is that every recession isn’t the same. We can all be affected by economic downturns in different ways. It can be financially by losing your job, or even non-financial by going into depression.
It’s vital to know how everything is interconnected and not disregard hard financial times. To get threw these times we need to work as a community, hold our values high, and work with what we have.
We should do these things regardless of whether we’re in a recession or not. It’s a soft reminder to be kind and always stay prepared for whatever comes your way. Check out How to
Create an SOP for your Finances to help prepare for a recession.