Nice points and following points below too will help in tackling rough patch / recession.
1. Avoid Investing Potentially in Volatile Sectors
2. Increase Your Cash Reserves:
Investing in cash doesn’t make much sense in terms of returns. But it may be a lifesaver during a recession or bad days.
3. Protect Yourself From Inflation:
4. Develop Passive Income Streams
5. Develop a Contingency Plan