As consumers brace for a possible recession, now is the time to be strategic with your money, said Kathryn Tuggle, co-author of ‘How to Money’ and chief content officer at HerMoney. She joined Cheddar News to explain how to protect and diversify your assets before it's too late. "If you are going to have your money in cash right now, look to a high-yield savings accounts. And if you do have your money in the market, it's a really good time to check your asset allocation,” she said.