Listen in as we talk about building financial fitness, being organized, and managing your finances. Financial fitness and physical fitness are very important aspects of our life and they go hand in hand.
Lyann takes us through how to be financially organized during this time. Capital and cash preservation is critical. We also need to make lists of the most important things and taking care of the basics such as food and medicine. We don’t know how long this crisis will last. Therefore we need to be smart about what we spend money on.
We talk about how to be productive during this time when there isn’t much going on. Now you have all the time you need. Make use of this time to do something productive like taking control of your financial situation by having an in-depth look at your credit situation, calling your bank, and negotiating payment periods.
Even though we are in a crisis, we should remain proactive and study all options open to us. This will help us not ruin our credit because the pandemic will eventually pass. We need to preserve our credit.
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