A LeadGen.com Perspective
Should you focus on reducing debt in a recession? Nope! But why?
If you have high interest debt, refinance it at the lower interest rates the banks typically offer during a recession. If you don't have debt, but you see a clear opportunity that requires more cash than you have, go for it. Just be sure it's a profitable opportunity. But debt is designed to help you weather the bad times, as long as you can pay it back.
