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What even is a recession, and how can we prepare for one without spiraling? As a certified “Millennial who survived the Great Recession” and a financial therapist, I’ve got you. In this video, I explain what a recession is (beyond just bad vibes), how they work, and how to take care of your emotional and financial well-being when the economy slows down. 💌 JOIN THE FREE WEEKLY MIND MONEY BALANCE NEWSLETTER https://www.mindmoneybalance.com/news... ❓ TAKE A FREE QUIZ TO LEARN MORE ABOUT YOUR MONEY TYPE https://www.mindmoneybalance.com/quiz 📝 SUBMIT A QUESTION Fill out this quick form to submit a question for me that I might answer on an upcoming "Ask Mind Money Balance" episode! https://www.mindmoneybalance.com/ask 📈 Amanda Holden's "Invested Development" Course https://amandaholden.podia.com/invest... 👋🏽 Say Hi!! 👋🏽 Website: http://mindmoneybalance.com/ Instagram: / mindmoneybalance TikTok: / mindmoneybalance Pinterest: / mindmoneybalance Twitter: / mindmnybalance YouTube: / mindmoneybalance 🗣️ LEGAL DISCLAIMER The information and content provided by Lindsay Bryan-Podvin LMSW, LLC/Mind Money Balance is for entertainment and informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs. No one should make any investment changes without first consulting his or her financial advisor and conducting his or her research and due diligence. To the maximum extent permitted by law, Lindsay Bryan-Podvin LMSW, LLC/Mind Money Balance disclaims any and all liability in the event any information, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses. 🆘 Psychotherapy Disclaimer 🆘 The entertainment provided in these videos is not a substitute for psychotherapy and does not count as a social work service/therapeutic relationship. If you are in need of help, seek services from a licensed healthcare professional: https://www.therapyden.com https://suicidepreventionlifeline.org/ 🗣️ Affiliate Disclaimer: Note this description may contain affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn some money (thanks for the extra popcorn toppings!) when the viewer uses the links, the viewer is in no way obligated to use these links. Thank you for your support! Chapters 0:00 Recession 1:43 What is a Recession? 5:45 How to NOT Prepare for a Recession 15:07 Mental Health Tips 20:55 Financial Tips Corresponding Blog: https://www.mindmoneybalance.com/blog...