Here are six things CNBC said people can do to recession-proof their finances:
1. Direct deposit 10 percent of each paycheck into a high-yield savings account to build cash reserves to pay for unexpected expenses.
2. Add soft skills — such as communication and time management — to resumes and learn or brush up on hard skills.
3. Make sure to have an auto insurance policy, renters or homeowners insurance and comprehensive health, disability and life insurance coverage. Check coverage on homeowners' policy to ensure it covers rebuilding, as home values may fall during a recession. Consider buying an umbrella policy to increase liability coverage.
4. At age 50, extra contributions to retirement savings accounts are allowed. With a $6,500 catch-up contribution, up to $27,000 to a 401(k) plan or workplace retirement plan can be added this year, according to the report. Up to $7,000 also can be put into an individual retirement account with an extra $1,000 catch-up contribution.
5. People in their 60s should "test drive" their retirement plan to see if it can withstand the stress of an economic downturn.
6. People in their 60s and close to retirement should be less aggressive with their investments and add bonds and cash for more security.
Read the full report here.