Consider This from NPR : NPR

Credit card balances were up last year, and interest rates have gone up, too. That can weigh on your finances in the event of a recession. OLIVIER DOULIERY/AFP via Getty Images hide caption toggle caption OLIVIER DOULIERY/AFP via Getty Images Credit card balances were up last year, and interest rates have gone up, too. That can weigh on your finances in the event of a recession. OLIVIER DOULIERY/AFP via Getty Images Signs of a forthcoming recession seem to be everywhere: from grocery stores, where food prices are soaring, to Fortune 500 companies, where workers are being let go by the thousand. Survey after survey shows fears of recession are high. And if one does come, navigating the downturn can be tricky. NPR’s Arezou Rezvani shares advice from economists and personal finance experts on how to prepare for a potential recession. In participating regions, you’ll also hear a local news segment to help you make sense of what’s going on in your community. Email us at considerthis@npr.org. This episode was produced by Connor Donevan. It was edited by Uri Berliner and William Troop. Our executive producer is Sami Yenigun.

Leave a Comment

Your email address will not be published. Required fields are marked *