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



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tim Waterer of KCM Trade tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Chris Rogers of S&P Global Market Intelligence discusses how the US China trade truce affects the shipping industry.

7:45 AM

Morning Brief

Alex Ong of Migrant CARE shares his views on the challenges foreign workers face and the reforms needed following recent steps to admit nearly 8,000 stranded Bangladeshi workers.

8:00 AM

The Breakfast Grille

Ir. Professor Dato' Dr. Ewe Hong Tat, President of UTAR, highlights the university’s role in advancing talent, accessibility, and future-ready education.

8:30 AM

Morning Brief

Ranjit Singh, Partner at law firm Ranjit Singh & Yeoh helps us understand Malaysia's insider trading law.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Tim Waterer of KCM Trade tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Pinnacle Perspectives

Joseph D’Cruz explains why ESG is a vital framework for sustainable leadership and business success.

10:05 AM

Open For Business

Nelson Lai, Founder & CEO, JWC Global | Michael Tan, Wholesale Director, JWC Roastery

11:05 AM

P&L

How to Build a Strong Business & Revenue Model

12:00 PM

Enterprise Explores

Empowering Small Businesses, From Offline to Online

1:00 PM

The Breakfast Grille Repeat

LIVE: Ir. Professor Dato' Dr. Ewe Hong Tat, President, UTAR

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

In 2024, Malaysia faced its worst-ever coral bleaching event, with over half its corals affected by extreme ocean heat. Coral reef ecologists Sebastian Szereday and Alvin Chelliah discuss the impact on reefs, marine life, and communities, and what can still be done.

4:05 PM

Health & Living

How much daily salt intake comes from the food you eat outside? We find out how food vendors can introduce low-salt items in their menus.

5:00 PM

Top 5 at 5

6:00 PM

Today I Learned

We discover the history of tea and find out how this drink became a cultural icon and daily ritual for millions worldwide.

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture