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Unemployment is lasting longer for more Americans—here are 3 ways to boost your savings - TL;DR CNBC

Unemployment is lasting longer for more Americans—here are 3 ways to boost your savings

Publishing timestamp: 2023-01-27 09:00:01


Summary

Americans are spending more time looking for jobs due to layoffs and extended periods of unemployment. Experts recommend saving three to six months worth of expenses, but it's OK if you're not there yet. Tips to beef up your emergency fund include cutting down living expenses, automating your savings, increasing your income, and putting any cash windfalls towards your emergency savings.


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Source: https://www.cnbc.com/2023/01/27/how-to-save-more-money-and-boost-emergency-fund.html


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