Want to save money during the recession: Here's how

Fox 5 watching your wallet tonight and with all this economic uncertainty it turns out being frugal but not cheap is in according to a new study

Important distinction. Fox 6 Teresa Priolo has some expert tips on how we can tighten our belts and recession proof our lives

2025's hot girl summer may in reality look a lot more like cheap chick chic as more and more people make an attempt at frugality and recession proof their lives

If you are concerned about recession threats, if you're concerned about tariffs and what that's going to mean for your monthly budget, now is a better time than any to take inventory of your financial life to make sure if, in fact, you are, quote unquote, recession proof

Farnoosh Tarabi is a financial expert and the host of the So Money podcast. She believes step one for everyone is to review your financial situation

Actually look at your numbers. Check your savings. Make sure that you are securing your job to the best of your ability

Now is not the time to be scaling back at work or not raising your hand to you know volunteer to do some projects I think you really want to show up in matter at work right now And most importantly make sure you have an emergency fund ready and willing to catch your fall But one way to beef up that fund might be to cut discretionary spending

like getting your nails and hair done, drinks out with friends, gym membership, Botox or eyebrow tinting

It's something New Yorkers say they're already doing. My daughter, she learned to do, like, put on press on nails and do my lashes

so I should do it for me. So I don't have to go out there and spend money and do it anymore

My lifestyle in general is just like kind of not as extravagant

I will say I'm putting more towards my Roth IRA every month nowadays

or more in the savings than usual. Chris Murkowski is watching the markets

He thinks these smaller indulgences could signal a larger pain point, one that will need to be addressed if you want to thrive

over the next months and year and not just survive. You got to treat it like the lymphatic system of the human body, where your body's got to clean itself out

And sometimes you take a couple steps backwards to take three, four steps forward

And if there is a silver lining here, the experts tell me by the time we actually feel like we're in a recession

typically the data suggests that's when we're on the way out of it. On the Upper East Side, Teresa Priolo, Fox 5 News

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