If you've managed to avoid the economic carnage that is America today, Business Insider reports that now is a great time to save.<br />However, financial experts underscore that it's completely fine to put your savings plan to one side if you've been let go or have lost your business.<br />If you can save, examine your budget closely. Can you cut a bit deeper? Renegotiate phone and TV service rates, and shop around for cheaper insurance.<br />While saving 10% of take-home pay is best in normal times, these are clearly not normal times. Now, shoot for 20%.<br />Build an emergency fund first, then automate. Make extra money through side hustles, and see if your employer has a matching program. Good luck!
