With COVID-19 changing the world we live in every day, everybody has questions, about health and safety, but also on the financial side. What if my income drops? How about if I suddenly have little to no income at all? What should my long-term or even short-term plan be looking like?
Making financial decisions in a worldwide time of crisis is a whole new ballgame, and with all the uncertainty surrounding the economy, whether you’ve been furloughed from your job or are still working, it’s imperative right now to keep your finances in check and know exactly where you stand.
Today on the His & Her Money Show, Ericka Young is back for another amazing episode around a topic that’s definitely relevant today. First of all, though, she’s a seasoned financial coach, she wants to spread that enthusiasm to others, helping couples and individuals manage their finances and maximize their money. And her insight and nuggets of wisdom are more needed now than ever, so get ready for an information-packed conversation so you can soak up all this knowledge!
Right now, managing our finances has a whole new look. We’re all living it and we’re all feeling it too. We’re changing our habits to match our changing daily lives. Ericka provides a breakdown of the need-to-knows, from utilizing your assets, starting home businesses, and structuring — and budgeting — your own new normal.
She stresses the importance of having an emergency fund. Furthermore, she drops a ton of insight and encouragement for anybody wondering where to start or where to turn to next. She also gives a peek at post-pandemic life and financial choices we should keep in mind on the other side. This is another great episode that is so relevant and a powerful resource in the time of coronavirus. So, we hope you’re taking notes!
What You Will Learn
- Why emergency funds are important and how to prioritize them
- Financial habits we should remember post-pandemic
- How to acclimate to the new normal financially and emotionally
- Staying on track and sticking to a schedule
- Tips and tricks for managing our finances as we manage our families at home
Resources Mentioned
Thanks For Listening!
Thanks for tuning in to us on The His & Her Money Show. If you’ve enjoyed this episode, please share it using the social media buttons at the bottom of the post.
Today’s show is sponsored by Legal and General America. Legal & General America makes understanding and applying for life insurance easy. Also, agents are standing by to help you determine the best coverage to fit your family’s needs.
Visit HisandHerMoney.com/lgapodcast to get started on your journey toward financial wellness.
