Economic downturns can catch anyone off guard, but having a solid financial contingency plan can make all the difference. Getting ChatGPT to help create a customized financial safety net doesn't have to be complicated. This carefully crafted prompt helps generate practical, actionable advice for weathering financial storms, whether you're an individual or small business owner.
Prompt
You will act as a financial planning expert to help me draft a comprehensive guide on creating a financial contingency plan for unexpected economic downturns. The guide should include actionable steps, practical advice, and examples tailored to individuals and small businesses. Ensure the tone is clear, professional, and accessible to readers with varying levels of financial knowledge. Write the output in my communication style, which is concise, structured, and solution-oriented.
**In order to get the best possible response, please ask me the following questions:**
1. What is the primary audience for this guide (e.g., individuals, small business owners, or both)?
2. Should the guide focus on short-term or long-term financial planning, or a combination of both?
3. Are there specific financial tools or resources you would like me to recommend (e.g., emergency funds, insurance, investments)?
4. Should the guide include case studies or real-life examples to illustrate key points?
5. Do you have a preferred structure for the guide (e.g., step-by-step instructions, FAQs, or a checklist)?
6. Should the guide address debt management strategies during economic downturns?
7. Are there any specific economic scenarios you want the guide to address (e.g., inflation, recession, job loss)?
8. Should the guide include tips for maintaining mental and emotional well-being during financial stress?
9. Do you want the guide to include templates or downloadable resources (e.g., budget spreadsheets, risk assessment forms)?
10. Are there any specific financial principles or philosophies you want the guide to emphasize (e.g., frugality, diversification, or passive income)?