If you don't have that much now, cut out some non-essential expenses and add the money you would have spent to the kitty.

And if you own your home, consider getting a home equity line of credit before rates rise again, since it can help supplement your emergency reserves so long as you can resist tapping it for anything else, Lima said.

Stress test your financial plan: Should there be a recession, you may come out of it unscathed. But you can't assume that in advance. What you can do is figure out what resources you have to handle a worst-case scenario, such as job loss or illness, Lima said.

"If you have no work for a year what does that look like? What are your contingency plans?... Now is the time to think about 'What do I do?'" he said.

Improve your odds of staying employed: You may not be that highly sought after cybersecurity specialist that every Fortune 500 company wants. But if you make yourself indispensable at your current job -- perhaps by taking on extra assignments -- you may reduce your chances of getting laid off if it comes to that.

If you don't have that much now, cut out some non-essential expenses and add the money you would have spent to the kitty.

And if you own your home, consider getting a home equity line of credit before rates rise again, since it can help supplement your emergency reserves so long as you can resist tapping it for anything else, Lima said.

Stress test your financial plan: Should there be a recession, you may come out of it unscathed. But you can't assume that in advance. What you can do is figure out what resources you have to handle a worst-case scenario, such as job loss or illness, Lima said.

"If you have no work for a year what does that look like? What are your contingency plans?... Now is the time to think about 'What do I do?'" he said.

Improve your odds of staying employed: You may not be that highly sought after cybersecurity specialist that every Fortune 500 company wants. But if you make yourself indispensable at your current job -- perhaps by taking on extra assignments -- you may reduce your chances of getting laid off if it comes to that.