Ask HN: What are you doing to prepare for the coming year?
There are noises being made about increasing tariffs and 2TB in cuts to government spending. The results of the Smoot-Hawley tariffs deepening the Great Depression, and that Musk has admitted that estimates that the spending cuts will lead to "severe overcorrection in the economy" and "markets will tumble".
I'm planning to get out in front of this and cut my personal spending and start building up some liquid assets to ride out a potential economy weirdness (which many have been predicting for well over a year now). Worst case I've built up some savings (most of my money is tied up in retirement plans that I can't pull money from).
I'm also thinking about finally implementing some of the plans I've had for the better part of a decade of getting ~100gal of water storage, but there's nothing I see being necessarily any worse over the next year, it just seems prudent.
Thoughts on the above? Any plans people are taking or have taken to improve their posture?
I'm planning to get out in front of this and cut my personal spending and start building up some liquid assets to ride out a potential economy weirdness (which many have been predicting for well over a year now). Worst case I've built up some savings (most of my money is tied up in retirement plans that I can't pull money from).
I'm also thinking about finally implementing some of the plans I've had for the better part of a decade of getting ~100gal of water storage, but there's nothing I see being necessarily any worse over the next year, it just seems prudent.
Thoughts on the above? Any plans people are taking or have taken to improve their posture?