The same as in the good times. 1. Create a budget Know how much you spend per month, and what are essentials (Rent, Food, Transport etc.) and what can go if y

The same as in the good times. 1. Create a budget Know how much you spend per month, and what are essentials (Rent, Food, Transport etc.) and what can go if you really need to (Netflix, eating out, etc.) 2. Have 3-6 months expenses in an emergency fund Usually cash or things not likely to tank during a downturn like stock/crypto. You can find more helpful info here: https://old.reddit.com/r/personalfinance/wiki/commontopics https://old.reddit.com/r/personalfinance/wiki/commontopics