Part 6/9:
So, how should individuals respond to this evolving financial landscape? First and foremost, maintaining a positive outlook is essential. While the news can often be alarming, focusing on personal financial health and stability is crucial.
Setting aside an emergency fund—ideally covering three to six months' worth of expenses—is a prudent first step. Maintaining this fund in a high-interest savings account can provide a buffer against unforeseen economic shifts.