Recession And Retrenchment, How Do You Prepare For It?

Signs of a recession are everywhere. From your groceries getting more expensive to companies looking to tighten their belts, it's crucial that you take this time to plan out your finances. This is especially important in the event that you lose your job. Stephen Yong of Wealth Vantage Advisory shares some advice on how to prepare for a recession and what to do if you get retrenched.Image credit: ShutterstockSee omnystudio.com/listener for privacy information.