What to do if you're concerned you might be laid off
The job market in the U.S. remains strong overall, but recent high-profile layoffs at technology and media companies and predictions of a recession later this year may have you thinking about job security. When you start thinking about saving, Jesse Mecham, founder of the money management app YNAB, recommends that you ask yourself this question: What do I want my money to do? People "would have a very different answer now than they might have had a year ago when they thought that their job was extremely secure,” Mecham said.