For months, economists have debated the likelihood of a recession. While the future is still uncertain, more experts are expecting it to happen in the relatively near future.

Officials at the Federal Open Market Committee now predict a "mild recession" at some point in 2023, due in part to the shakiness within the banking sector. And analysts at JPMorgan Chase believe there's a greater than 50% chance we'll see a recession by the end of the year.

Nobody knows for certain when or if a recession will occur, and, if it does hit, how bad it will be. But there are a few smart steps you can take right now to protect yourself.

Continue reading

Source Fool.com