BFM 89.9

HIGHLIGHTS 
Podcast  >  Morning Run  >  Ringgit & Sense  >  Recession And Retrenchment, How Do You Prepare For It?

Recession And Retrenchment, How Do You Prepare For It?

Stephen Yong, Licensed Financial Planner, Wealth Vantage Advisor

23-Feb-23 09:30

Recession And Retrenchment, How Do You Prepare For It?

Signs of a recession are everywhere. From your groceries getting more expensive to companies looking to tighten their belts, it's crucial that you take this time to plan out your finances. This is especially important in the event that you lose your job. Stephen Yong of Wealth Vantage Advisory shares some advice on how to prepare for a recession and what to do if you get retrenched.

Image credit: Shutterstock

Produced by: Sim Wie Boon

Presented by: Sim Wie Boon


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  financial wellness

Tags:  retrenchment,  recession proof,  risk management, 


Latest Podcasts




Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) We sit down with Shareen Ramli, founder of Siti Li Dining & Foodhall to discuss why she compares the trade to being a "stuntwoman", full of invisible bruises, and her mission to preserve the cosmopolitan heritage of Malay cuisine.

12:00 PM

Just For Kicks

(REPEAT) We react to the midweek European matches that saw Man City losing to Bodo/Glimt, as well as Spurs surviving a scare against Dortmund. Then, we preview Matchweek 23 of the English Premier League, including the big one - Arsenal hosting Man Utd at the Emirates.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Vernon and Zan talk about the usage of AI, names and fictional biographies on another episode of A Bit of Culture.

2:00 PM

Ringgit & Sense

(REPEAT) Rajen Devadason, licensed financial planner talks about EPF's Retirement Income Adequacy framework.

2:30 PM

The Property Show

(REPEAT) Dato’ Ganesh Chinnappan, Managing Director of Raine & Horne International Zaki + Partners Sdn. Bhd., discusses the concept and reality of Build-to-Sell houses.

3:00 PM

Best of The Bigger Picture

(REPEAT) An expert shares the key problems with our urban planning & design today and key principles to build an equitable city for everyone.

4:00 PM

Best of Evening Edition

(REPEAT) We discuss urban planning and the upcoming Petaling Jaya Local Masterplan.

5:00 PM

BBC World Service

Roland Please uncovers the latest developments in the world of Earth Science, at the American Geophysical Union meeting in New Orleans.