Recession Readiness With John Putnam

Christian talk radio with Rob West

John Putnam, a Certified Financial Planner, Certified Kingdom Advisor, and author of He Spends, She Spends, discusses how to prepare for a potential recession. A survey of economists by Bankrate found that two-thirds of them believe the US will enter a recession in 2023. John explains that, while we should not trust in our savings, we should still be prudent and prepared for lean times. He suggests budgeting, reining in spending, putting an emergency fund in place, and minimizing debt. He also emphasizes the importance of prayer, scripture, and leaning on the Body of Christ in a time of recession. Rob also answers listener questions on investing in a 529 account, i-bonds, and Roth IRAs.