A recession is looming, and knowing how to withstand the storm is vital to staying financially healthy in your business and home. Surviving a winter means shoring up your cupboards, and the same applies when it comes to weathering a recession. In this episode of Life Life Rich, Marissa gives you seven steps to take to make sure you’re ready for the coming storm. You’ll hear how following these seven simple steps can keep your business healthy while setting you up to earn more in the future. In this episode, you will hear: The encroaching recession and how it’s beginning to impact people Why preparing for winter is a lot like preparing for a recession Begin shoring up your business to withstand a recession with three to six months of expenses Leveraging debt is a lever you can pull to protect yourself Review and assess your risks now with three core questions Take control of your expenses now Position your profits to multiply Focus forward on new opportunities Get a plan in place with five key questions Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. Supporting Resources: https://marissanehlsen.com  Facebook: https://www.facebook.com/marissa.nehlsen Instagram: https://www.instagram.com/marissanehlsen/ Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/ Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/ Get my “15 Ways to Create Cash in Your Business” download: https://15stepstofreedom.com Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/ *** Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.