STOP PAYING DEBTIf you are currently working towards paying down debt (a very admirable goal!), it may be a good idea to put a pause on that. Now is the time to hoard cash instead of paying down debt (beyond the required payments).
SAVE MOREWhen facing a recession, unemployment, or possible unemployment, it’s a good idea to save, save, and save more. Hoarding cash is definitely where it’s out right now, even if that means slowing down investing
ALREADY LEANOf course, if you are already lean and frugal, there is not much to cut, and if you have already optimized your finances, then there doesn’t need to be much change to how you are handling your finances!