Please share your personal experiences on how people in your country are preparing for or dealing with a recession.
Well, in my country i'd say we're already in a recession, it is pretty bad and quite a lot of things have become unaffordable, especially for the common individual, i don't think citizens in my country had any special preparation for this, and now that we are in a dire situation, people are basically just seeking diverse other ways to make an additional income for themselves, but there is another problem, and that's unemployment, which is quite high over here, thus over the past few years in my country i've noticed an increase in the desire of individuals to get themselves acquainted with one skill or the other, and to learn more about the digital market and how they can channel it to be productive for them.
Having said that, personally nothing changed for me, i've always lived a frugal life, i hardly buy more than what is necessary, and i take saving and long term investment quite seriously, thus i don't really have that much cutting down on things to do, i'll just keeping doing things as i've always done and hope my investments are ripe in year's to come.