this post was submitted on 03 Apr 2025
36 points (95.0% liked)

AskUSA

486 readers
132 users here now

About

Community for asking and answering any question related to the life, the people or anything related to the USA. Non-US people are welcome to provide their perspective! Please keep in mind:

  1. !politicaldiscussion@lemmy.world - politics in our daily lives is inescapable, but please post overtly political things there rather than here
  2. !flippanarchy@lemmy.dbzer0.com - similarly things with the goal of overt agitation have their place, which is there rather than here

Rules

  1. Be nice or gtfo
  2. Discussions of overt political or agitation nature belong elsewhere
  3. Follow the rules of discuss.online

Sister communities

  1. !askuk@feddit.uk
  2. !casualuk@feddit.uk
  3. !casualconversation@lemm.ee
  4. !yurop@lemm.ee
  5. !esp@lemm.ee

Related communities

  1. !asklemmy@lemmy.world
  2. !asklemmy@sh.itjust.works
  3. !nostupidquestions@lemmy.world
  4. !showerthoughts@lemmy.world
  5. !usa@ponder.cat

founded 3 months ago
MODERATORS
m_f@discuss.online
OpenStars@discuss.online
admiralpatrick@discuss.online
m_f@midwest.social
ptz@dubvee.org
Anticorp@lemmy.world
36
How are US citizens preparing for the impending recession on the horizon? (lemmy.today)
submitted 3 days ago by AmbiguousProps@lemmy.today to c/AskUSA@discuss.online
15 comments fedilink hide all child comments
 

Personally, I've moved most of my investments into money market funds and plan on buying the dip, just like the multi millionaires. Other than that, I'm getting stocked up on shelf stable foods, and trying to get to know my neighbors a little better.

you are viewing a single comment's thread
view the rest of the comments
[–] sunbrrnslapper@lemmy.world 16 points 3 days ago

I run a small business, so we've been saving cash since the election and extra focused on closing contracts - both of which keep us from having to lay anyone off. Personally, I've been saving since the downturn in the consulting industry in 2023 where I had to take half a salary for a year. I am not looking forward to this recession.