WARNING FROM MY MONEY ADVISOR

Dearests,

New podcast episode for you! A stark warning from my money mentor & how to future-proof your finances. Just a short one for you today (under 5 minutes)… but important.

How to listen

Listen below, or subscribe via Apple Podcasts, Spotify, Overcast, PocketCast (or wherever else you listen to podcasts!)

 

Transcript

I read an article today from my favourite money advisor. You probably already know Scotty Pape – I recommend his book “Barefoot Investor” all the damn time. He’s no bullshit, gives bonza advice, and is usually right on the money.

And today, his article was pretty worrying:

He reckons we’ve got about three more months before a global recession strikes post-pandemic. Currently, we’re being plumped up by government relief packages and early super draws. Come September though when all the relief packages end, and he predicts mass business closures & unemployment. In his words: “the deepest recession in living memory.”

I hope he’s wrong, but I don’t think he is, sadly.

I feel like it’s my responsibility to alert you to this.

And use the coming months to prepare yourself & get your money sorted.

Some ideas to get you started:

Create new income streams for yourself – every bit will count. The work you do now will pay off.

Consider online income sources so you can serve people across the global marketplaces. Online also helps incase we need to do another lockdown for a second wave of infections.

Plant a garden. Even if you have just a kitchen window or an apartment balcony. Look for food that grows quickly and cheapy. Think about how you can plan for food security.

Reduce expenses.

Sell extra shit off and keep it in a savings account for a monsoony day.

Get debt paid off (like credit cards).

Invest in your education to learn new skills & succeed in a new economy.

Remember: our ancestors have survived all kinds of global transformation – they have persevered & they innovated. You are strong and powerful. You can do the same.

And if you need help, my courses on money, selling e-courses and writing books are there for you.

Big love,

Leonie

xoxo

P.S. Get out a piece of paper now and write down what you need to do now to survive & thrive through the coming 12 months.

You’ve got this.

I’m cheerleading you.