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Pandemic savings and 'impending' recession

  • 01-07-2022 3:58pm
    Registered Users Posts: 969 ✭✭✭

    It has been acknowledged that there have been significant additional savings during the pandemic, largely because of reduced spending opportunities.

    There is also considerable discussion of a possible recession fuelled by rising inflation, government costs associated with Covid, increasing fuel / energy prices which may make it more likely that those 'pandemic savings' are at risk in a deteriorating economic situation.

    What sort of measures should those people who are fortunate enough to have savings take to protect their finances?