Many financial experts are sharing bad money advice, especially encouraging people to go into more debt if they lose their jobs due to the coronavirus crisis.

But the last thing you need is to get deeper into credit card debt. There is an unprecedented amount of help being offered, for instance, relief in the form of extra unemployment payments, stimulus checks,  student loan payments deferment.

Also, banks and utility companies are working with clients to make arrangements for those you lost their incomes.

So, instead of getting into more debt, follow this plan to survive a layoff or furlough without getting deeper into debt.

For my step-by-step guide, visit my blog at https://www.yezminthomas.com/bad-money-advice-during-the-coronavirus-crisis/