Nothing spells frugality better than a recession. You might not be among the affected ones right now, but it’s better to be safe than sorry. Financial experts warn the US is headed for a steep recession amid the continuous spread of the coronavirus and advise people against making any unnecessary purchases.
From new cars to new phones or extra cable services, find out what you shouldn’t buy during a recession when money is tight. For more recession-related tips, here are 22 Ways to Protect Your Retirement From a Possible Recession.