With 2024 just around the corner, economist Dana Peterson suggests focusing on budget efficiency, debt reduction, and savings.
These steps are particularly crucial with the forecasted recession in the first half of the year.
Efficient Budgeting: Peterson recommends reviewing and reducing your weekly expenditures.
Options include opting for less expensive groceries, reconsidering your fashion spending, or enjoying at-home entertainment.
These budgeting tactics are essential to cope with the current inflationary trend.
Reveal the rest of the tips for financial readiness for 2024 here.