“Two-thirds of households preparing for recession, even as U.S. economy continues to grow”

“Some 69% of participants in a recent poll said they were taking steps to shore up their finances ahead of a possible downturn, including 44% who said they were spending less money. Some 10%, including 13% of college graduates, are looking for a better or more stable job.

Polling company YouGov surveyed 2,605 adults on behalf of personal-finance site Bankrate.com between Sept. 27 and 29… The New York Federal Reserve estimates the U.S. economy will grow this quarter at an annualized rate of 1.3% above inflation…”

https://www.marketwatch.com/story/two-thirds-of-households-preparing-for-recession-even-as-us-economy-continues-to-grow-2019-10-16  

This is a good thing. More people are learning to prepare for bad times during good times. It never hurts to have some money stored away for bad times or an emergency.