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Is it time to prepare for a recession? I predicted at the end of 2019 that one would be coming—and many argue that we are already deep in the trenches. But what is a recession? What indicates that we ARE in a recession? In this episode of Best in Wealth, I’ll share those indicators, what we can learn from past recessions, and 5 tips to prepare yourself and your family.[bctt tweet="In this episode of Best in Wealth I share 5 Tips to prepare for a recession. Don’t miss it! #wealth #retirement #investing #PersonalFinance #FinancialPlanning #RetirementPlanning #WealthManagement" username=""]Outline of This Episode[4:25] How I predicted a recession was coming[6:20] What is the definition of a recession?[7:03] What are the indicators of a recession?[10:07] What we can learn from past recessions[16:30] Recessions don’t need to be scary[17:40] 5 Tips to prepare for a recession[24:55] What did we accomplish while life was standing still?What IS a recession?The definition of a recession is a period of economic decline