How to Prepare Financially in Case There's a Second Great Lockdown

As states slowly emerge from the Great Lockdown, some public health experts are warning that there could be another spike in COVID-19 cases. Now that Americans have lived through this unprecedented public health crisis, many families will want to be more prepared in case a similar situation arises and social distancing once again must be put into practice. Putting aside funds from your COVID-19 stimulus check is one way to up your savings, but you can also add to your emergency fund by cutting your budget or pocketing some of your expanded unemployment benefits authorized by the CARES Act if they mean you're earning more now than you did before the pandemic.