03/18/2020
In a Money Crunch Due to the Coronavirus? Use These Tips!
As COVID-19 continues to spread in the U.S., many are starting to feel its effects. Businesses, schools, childcare centers, and other institutions are canceling events, closing offices, or allowing employees to work remotely to protect the health and safety of others. The following tips can help you stay as financially healthy as possible due to an interruption or loss of income.
1. Review your budget and prioritize your expenses.
2. Ask your employer about remote working options, sick leave benefits, or other supporting services.
3. If you have debt, contact your creditors.
4. Draw on your assets but have a plan.
5. Speak with a financial counselor who can help you create a plan for managing your finances.
