Depending on which columnist you read or pundit you watch, it seems likely that Canada is headed for a recession in the not-too-distant future. People treat that word like it's the end of days, and many Canadians will definitely be feeling the pinch, but there are also things you can do that may mitigate the strain a recession will put on your personal finances.
What those precautionary steps look like depends heavily on your financial situation. But regardless of your tax bracket there's always something you can do, even if that something is a step that many people are terrified to take when it comes to money: recognizing that there's an issue, and asking for help.
GUEST: Kelley Keehn, personal finance expert, and author.