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A recession may be coming, but there are 3 reasons I'm not worried about it - Business Insider

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I'm only 30, so I've got time to wait out the market

, but I also live in an area with very low unemployment, which means I'll likely be able to find work if I need it.

That's right: I plan to carry on with my finances just the same, whether there's a recession or the economy is booming. Here's why:One of the biggest fears during a recession is that jobs will disappear. That's terrifying. Being unexpectedly laid off can turn your whole world upside down . However,Being a freelancer is often thought of as a less-secure career option, but with a potential recession looming, it makes me feel more safe than if I was working a traditional job.

For example, home prices are already low in my area. If a recession hits, it's unlikely that they'll tank even further. Even if they did, the fact that I paid bargain prices forIn addition, the unemployment rate is very low where I live. I'm in New Hampshire and border Vermont . More importantly, I likely won't be accessing retirement savings for at least another 30 years — longer than I've been alive! While the market ebbs and flows, history shows us that it grows over time, increasing at about 7% year over year.

 

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I stopped reading at “I’m only 30.” Not taking advice from a 30 yr old. Sorry.

VOTE TRUMP.MAGA.

'30 is not the new 20' drmegjay

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