<ul><li>In uncertain times like facing potential layoffs, personal finance expert Anne Lester emphasizes the importance of proactive planning. First, assess your expenses and identify areas where you can cut back immediately, such as unnecessary subscriptions.</li><li>Prepare a list of further cuts to make if needed, easing decision-making under stress. Simultaneously, prioritize building an emergency fund, aiming for three to six months of living expenses.</li><li>Understanding your spending habits enables strategic saving and reallocating funds. By taking these steps preemptively, you can mitigate financial strain during job uncertainty and transition smoothly to a more secure position when the time comes.</li></ul>

The most important step to take with your money if you’re worried about layoffs, from a personal finance expert

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