What is 'recession fatigue' and how to combat it

According to a recent Bankrate poll, nearly a third of Americans say they are not prepared for a recession.

A recession fatigue might be to blame for why younger generations aren't taking proactive steps to weather an economic downturn, say experts.

A lot of Gen Zers feel slighted that major life events, like proms and graduations, were cancelled as a result of the pandemic.

According to experts, some Americans do not know how to prepare for a recession.

A high inflation and rising interest rate environment is something most people have never experienced.

Most Gen Zers have only experienced a severe economic downturn through their parents' experiences during the Great Recession of 2007-2009.

Prepare for a recession as early as possible, before it even starts, but don't wait until it's too late.

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