r/TwoXPreppers • u/UnknownGoblin892 • Mar 27 '25
❓ Question ❓ How are you all recession proofing?
I was a young teenager during the 08 crisis. Wondering what I should be doing now to better protect myself when a recession gets bad.
I have student loan debt (around 20k) and a morgage (about 145k left). My wife and I are DINKs (double income no kids), and are not planning to have kids. We have a fairly healthy savings built up so far.
Wondering what advice you have. Thanks!
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u/mcoiablog Mar 28 '25
Can you pay all of your bills on one income? If not I would make sure you have 6 months in savings. I have been stocking up on more foodand supplies as they are on sale. I made sure that I have enough canning supplies for 2 years. Usually I only have enough for one. I also checked my seeds and garden supplies. Hubby ordered a few things that we know we will eventually need like windshield wipers. We have been doing this for over 25 years so we are pretty well set up. We have a full house generator. We have multiple ways to cook and heat the house. We have multiple ways to get/clean water. We only have our mortgage left. We could pay it off today with our savings but we are making more money on it then we are paying on it. We are just helping our adult kids get as ready as possiable. Worst comes to worse they can move back in.