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How to protect your personal finances amid economic uncertainty over tariff plans

Recession risk raised as stocks plunge ABC’s Alexis Christoforous with a look at the stock market which are sparking growing fears of a recession.

Expert Bola Sokunbi shared tips for navigating market uncertainty with ABC News.

By Mason Leib  – April 7, 2025, 4:55 PM

With economic uncertainty sweeping the nation, some may be considering what small but meaningful steps can be taken to protect their personal finances.

According to Bola Sokunbi — author, financial educator and founder of Clever Girl Finance — stakeholders on Wall Street may not be the only ones whose pocket books are at risk of a hurting amid newly announced tariffs and a rapidly declining stock market.

Sokunbi noted that job security, general cost of goods, and services and utilities are just a few ways that a down market and potential recession could impact everyday consumers.

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