Don't Let a Recession Destroy Your Savings. Here's How to Protect Your Money

A recession can wreak havoc on your finances, and they've already been through enough recently. From persistent high prices to stock market turmoil, it seems like the economic hits just keep coming. But what can you do to keep your money safe?

The answer isn't stuffing all your cash under your mattress. And it's not keeping it in any one place, either. The best place for your money in a recession depends on what you want to use it for. 

From your everyday spending cash to your long-term savings, here's where your hard-earned money will be safest -- and work the hardest for you.

💵 Where to keep your spending money in a recession

Rewards checking account

Even if your paycheck is directly deposited into your checking account, you shouldn't keep all your money there. 

Your checking account funds should cover everyday spending and bills, plus a ...