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.

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Produced by: Sim Wie Boon

Presented by: Sim Wie Boon

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Categories:  financial wellness

Tags:  retrenchment,  recession proof,  risk management,