
About this episode
I bet by now you’re tired of hearing that more millionaires are created during recessions than at any other time. Personally, this is something that encourages me when I analyze the current state of the economy: when most people see challenges, an entrepreneur sees an opportunity.
That’s why today I want to equip you with the tools you need to fill in the HOW portion of the puzzle. How do you build wealth during a recession? What exactly do you need to do? What is the game plan so you do it the right way?
My goal is to give you tools and principles that have been proven to work so you can be prepared and protected against recession and any other economic hardship. I want to see you live peacefully through this and come out successfully on the other side of uncertainty.
When you understand the basic concepts related to economic downturns, you'll realize that in reality, you have more power than you think and you’ll see where all the opportunities you’ve always heard about are.
If you’re on your path to creating your affluent life, taking your foot off the pedal is not a choice you can afford to make. Not only for your future but for your legacy and the future of those that are coming after you. Let’s do this together!
TODAY WE’RE DISCUSSING:
- Understanding the basic terms: recession, inflation, bear market, and bull market
- Reviewing economic cycles and how you can ahead of the market changes
- How much could sitting on the sidelines may be costing you
- How you leverage fear during the recession
- The importance of community when navigating uncertainty
Ep 075 How to Avoid Risk in Investing
Ep 040 Getting Out of Debt the Affluence Way
TAKE THE FINANCIAL LIBERATION ASSESSMENT
- Take this free assessment to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com
OTHER RESOURCES:
- 7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.com
- Affluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/
CONNECT WITH ME:
- Website: MelAbraham.com
- YouTube: MelAbraham.com/tube/
- Instagram (@melabraham9): MelAbraham.com/ig/
- Facebook Group: MelAbraham.com/group/
- TikTok: https://www.tiktok.com/@melhabraham
CHECK OUT MY BOOK:
“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” - melabraham.com/book/
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