Building an emergency fund is the best thing I've done to recession-proof my finances

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Building an emergency fund is the best thing I've done to recession-proof my finances
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Good times don't last forever — but you can be prepared

I was in college during the last recession and didn't know much about finances, so I wasn't prepared when things went belly-up. Now, though, I know a lot more about managing my money — and I know I need to prepare for the next recession . To protect myself from loss of income, I'm building an emergency fund of at least three months of expenses so I can cover my bills while I get back on my feet. Read more personal finance coverage. Last time a recession hit, I wasn't prepared.

I was in college during the last recession and didn't know much about finances, so I wasn't prepared when things went belly-up. Now, though, I know a lot more about managing my money — and I know I need to prepare for the next recession . To protect myself from loss of income, I'm building an emergency fund of at least three months of expenses so I can cover my bills while I get back on my feet. Read more personal finance coverage. Last time a recession hit, I wasn't prepared.

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