The past few months have been a whirlwind. Maybe you’ve been furloughed, laid off, or unable to work at all due to closures. Times are tough, and it’s understandable if your financial goals have derailed a little. Even better? It’s OK.
Yes, wherever you’re at in your money journey, we can help.
Don’t have an emergency fund?
Take a deep breath. It’s time to make sure you’re saving as much as possible. Cut out nonessentials, make (and stick to!) a budget, buy generic…these things will all add up and help you save. Once normalcy returns, you can pick up where you left off.
Have an emergency fund, but also debt?
Just making the minimum payments on everything for right now is the way to go. Food, utilities, shelter, and transportation are all that matter. Dip into your emergency fund it you need to—that’s why you have it. But DON’T get a new credit card or take out a loan (new debt will only make things worse).
Have an emergency fund and no debt?
You’re in a great position! Use your emergency fund if you need it and ride out the storm.
Whatever you do, don’t pull out your investments. Sure, they’re going up and down right now, but things will eventually even out. Again, take a deep breath.
We’d love to learn more about your current situation and find out what we can do to help. Schedule a session with us now!
And know that we’re always here for you—pandemic or not.