Instead of scrambling to time the market, it's smarter to focus on the things you can control, writes financial planner Eric Roberge in an article published by Kiplinger.
Which is a shame, considering it's so easy to avoid: Stay in your seat," Roberge writes.
Cut down your expenses"If you're truly scared of a recession, pull out your budget and start trimming costs now," Roberge writes.
Pay off your high-interest debtIf you do have high-interest debt, now is the perfect time to "start attacking it aggressively," Roberge writes.
It's a good time to focus on developing job-related skills and polishing your résumé to make sure you're prepared for whatever comes your way, Roberge writes.
Persons:
Eric Roberge, Roberge, —, Kiplinger, Lauren Anastasio, there's
Organizations:
MetLife, Kiplinger, Service, APR