6 Steps to Recession-Proof Your Finances

Maintain a high credit score

If you consciously work to maintain an high credit score you will find it easier to obtain a credit card, mortgage or any other type of loan at competitive rates when the credit markets begin to tighten.

Try to keep your debt-to-credit ratio low and follow the basic financial discipline such as paying all your bills on time. This help to keep your credit score reasonably high.