Now is a great time to look at where you are not spending money while sheltering in place and stash it away in a high interest savings account that earns 1.5% or higher. An emergency fund covering 6-12 months is “best,” but new research from JP Morgan Chase shows 6 weeks should be enough to weather volitility in income and expenses (they also made this handy calculator).

My monthly expenses in March were ~$500 lower since I’m not currently paying for gas, tolls, restaurants, or a yoga studio membership. While I am currently employed, my job is not very recession-proof, so every extra dollar is going into emergency cash savings.