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Here’s what you can do as a creator to prepare for a possible recession A recession is a bad economic time for everyone. But creators can be especially vulnerable when major income sources like brand partnerships dry up. Even more daunting is the fact that the modern creator literally hasn’t been through a recession before! But that’s not to say there weren’t any creators back in 2009 when the last major recession hit. And their experience having made it through the last recession can help YOU weather an economic downturn. #recession #smallbusiness #financialtips #creatoreconomy For more information and tips from Lillian on how to budget, check out her video: • 🔴 We tried every budgeting app so you... To learn more about Lillian, Dingo, and Olive check out: https://www.ohmydollar.com/ / ohmydollar https://oliveanddingo.wordpress.com/ The last recession - 00:00 Is a recession coming? - 01:12 Ways to prepare: budget - 02:35 Ways to prepare: expenses - 03:12 Ways to prepare: defensive income - 03:49 Ways to prepare: get more sources of income - 05:17 Ways to prepare: emergency fund - 05:17 Ways to prepare: build a portfolio - 06:44 Try not to stress! - 07:17 This show is for informational purposes only. Any information contained herein is solely the host and/or her guest’s own opinions, and does not reflect the opinions of Patreon. You should not treat any opinion expressed by the host and/or her guest as a specific inducement to make a particular business and/or tax decision or investment or follow a particular business, tax, or investment strategy, but only as an expression of their opinion. None of the information contained in the show constitutes a recommendation that any particular business, tax, or investment strategy, security, portfolio of securities, commodity, or transaction is suitable for any specific person. The host and/or her guest is not advising and will not advise you personally concerning the nature, potential, value or suitability of any particular business, tax, or investment strategy, security, portfolio of securities, commodity, or transaction or other matter. To the extent any of the information contained in the show may be deemed to be business, tax, or investment advice, such information is impersonal and not tailored to the particular needs of any specific person. The show may provide information from or links to certain business, tax, and/or investment advisers and/or companies for your convenience only. The host does not endorse or recommend the services of any business, tax, and/or investment adviser and/or company. The business, tax, and/or investment adviser and/or company you select (and not the host) is solely responsible for its services to you. Subscribe to our channel! https://bit.ly/3aDJK3C Visit Patreon at https://www.patreon.com/ Follow Patreon: Facebook https://bit.ly/2WJbI5 Instagram https://bit.ly/2KpEW7w Twitter https://bit.ly/2KvWpLs LinkedIn: / patreon