In his expert tips on preparing for a recession, Andrew Baxter recommends five key strategies to safeguard your finances: First, build an emergency fund with 3-6 months of living expenses to cushion against job loss or unexpected costs. Next, reduce non-essential spending by evaluating and cutting unnecessary expenses. Diversifying investments across various asset classes can help minimize risk, while paying down high-interest debt improves cash flow and reduces financial strain. Lastly, exploring additional income streams, such as side jobs or freelancing, can provide extra security. These steps help create a strong financial foundation during uncertain economic times. https://qr.ae/pYZw0m #RecessionPrep #FinancialTips #EmergencyFund #DebtManagement #InvestingSmart #SideHustle #PersonalFinance #FinancialSecurity #AndrewBaxter #MoneyManagement