The Unemployment Rate Just Hit a 4-Year High: 9 Experts on How to Prepare Your Finances If You’re Worried About Losing Your Job

The Bureau of Labor Statistics reports that the unemployment rate rose to 4.6% in November, the highest in four years. CFP Board Ambassadors Gloria Garcia Cisneros, CFP®; Spencer Betts, CFP®; Shashin Shah, CFP®; Kendell Frye, CFP®; Zaneilia Harris, CFP®; and Autumn Knutson, CFP® all emphasize the importance of budgeting and tracking expenses, building an emergency fund, and avoiding opening a line of credit if possible.

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