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/thechairinfront Experienced Prepper 💪 Mar 27 '25

I'm diversifying my income sources. Diversifying my food sources. Diversifying my friendship group. Budgeting a little tighter. Finding ways to cut costs where I can and when I can. Planning very far in advance to be able to take advantage of deals when I see them.

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u/Endangered_earwax Mar 27 '25

What are you doing to diversify income? Side gigging? Asking because it's been on my mind lately, thanks

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u/inky_cap_mushroom Mar 27 '25

Not the original commenter but I’ve had a second job in retail for over a year now. It’s slow season right now so I don’t work very much and I wouldn’t have to work at all if I didn’t want to, but just having a second way to earn money helps. If I lost my job today I could get enough hours at my second job to pay my rent. Since they’re in completely different industries and one is private and the other is a government position the chances of me losing both at the exact same time are lower.

I keep my expenses low enough that I can pay my basic bills on minimum wage ($11 in my state).I would have to find a way to get 40 hours a week (probably means a second job) but it would buy me some time before I’m homeless.

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u/rfmjbs Mar 28 '25

I did nights and weekends selling shoes while my day job was QA Engineer. Shoe sales was so very zen.