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Financial Planners Want You to Take These 5 Steps to Recession-Proof Your Finances


Americans are facing tough economic times as the country is now officially in a recession. Although there's hope for a speedy recovery if the coronavirus wanes during warm summer weather or if effective treatments are developed soon, it's unclear if these things will happen or how long the economic malaise will last. 

But you can recession-proof your finances if you make the right money moves. The American Institute of Certified Public Accountants recently surveyed CPA financial planners, who identified five steps to take to be ready for a recession. 

Image source: Getty Images.

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Source Fool.com


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