What a difference a week makes.
I’m a small business owner and have loads of small business owners as clients. We’ve gone into virtual mode here and have contingency plans for continuing to help clients with their needs. In an ideal world, we would all have 3 months of expenses in the bank. That isn’t always the case. I have a number of friends and clients who are completely shut down with no way to generate income and are at risk of or are already losing the income they had booked. If this sounds like you, read on…
Here are my thoughts and tips around managing your finances during this virus. We don’t know the time frame and we don’t know the impact – so this is my best thinking TODAY. With the ‘small print’ right up front – I’m not advising you to do this, just suggesting. You’ll need to decide which ones make sense for you.
We’ve been here before….
I’m sure there are many more “hacks” that can be employed. I think the biggest one is to be kind to yourself and to the world. We are in uncharted territory; there is only so much you can do, and you need to prioritize the basics of living. Once we’re past this phase, you can work on getting back to your regular planning, saving and investing!
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