OP: it's '
affect' not 'effect', just an FYI
@Toyota
I was getting to high school at the time so nothing really happened to me. My dad's company got bought out and his department/team was deemed surplus. We had just bought a house earlier as well. Go from making $300K+ to getting the pink slip. Luckily, he was well networked and got a very good job back in Nigeria and actually did better for himself after moving back.
Idk how bad the next one will be, but this will be my first "adult" recession so I'm just stacking up savings and trimming my expenses as best I can. Once I get to my savings goal then it's really about getting my side hustles going.