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12. Identify support systems

Not just personal or family support, but what community programs are available to help during need. These can range from emergency funds for shortfalls to sector-specific programs or associations that support a professional membership. If you're an entrepreneur or freelancer, recessions can be especially difficult. How willing is your bank to help you out with cash flow? Find out what you are going to need and see if there is an institution, organization, or individual who can provide it, if only temporarily.

Figure out how to get extra help, even if you don't need it right away. Thomas Barwick / Getty Images

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