How Experts Say You Should Prepare for the Next Economic Downturn

Fact checked by Vikki Velasquez Ridofranz / Getty Images Key Takeaways Building even a small emergency fund and trimming fixed expenses can give you a financial cushion during uncertain economic times. Creating multiple income streams and tackling high-interest debt helps reduce vulnerability if job losses rise. Diversifying investments—especially beyond U.S. tech stocks—can help spread out risk. With the job market showing signs of cooling and tariffs weighing on the economy, it may feel like th ...