A lot of Americans have been hit hard on the financial side due to the coronavirus pandemic and need help navigating this uncertain time. Let’s talk about five steps you can take right now to improve your situation and set yourself up for a positive future.
Read more and get additional resources here: https://wp.me/paQKv1-cj
Watch the video podcast here: https://youtu.be/P4-QsF1-Nuc
Today's show rundown:
0:46 – Times are different right now and that’s the same for us.
2:06 – Today we’ll talk about dealing with a financial crisis and things to know/do.
3:22 – First tip: Spend less than you make.
3:40 – Second tip: Talk to your mortgage and utility companies about pausing bill payments without penalty.
7:00 – Third tip: Continue to invest in your 401k or IRA.
8:47 – Can we count on the market to rise back up?
11:07 - Fourth tip: Remember your long-term plans and goals.
12:17 - Fifth tip: Don’t borrow money to use for investing.
14:13 - Pause and think about all of these things right now. Take time to review.
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