Guide to prepare for a financial recession in India
Elaborate guide to start preparing for financial recession in India
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Harsha
- Cancel subscriptions & avoid luxury pruchases
- Pause all electronics purchases and phone upgrades
- Sell all unused electronics and items laying ideal in the house
- Start paying off credit cards and reduce other high interest debt
- Hold onto gold and silver, consider selling during the peak to buy at a lower price later
- Demand WFH from employer and move out of cities if you can
- Stock pile Wheat flour, rice, dal, chutneys and other dried food for atleast 3-6 months
- consider solar powering your house
- Use induction stoves and explore oil free cooking
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