Regardless of the current, past, or future health effects of COVID-19 on you or your family, the pandemic has affected and will likely continue to affect household finances for years to come. Creating a spending plan, prioritizing your spending, and using your resources efficiently will always be critical to your financial stability.īefore proceeding, please know that this post on COVID and its financial impact on households does not mean to diminish the terrible loss of life and the emotional toll and life-changing effects of the loss of a loved one caused by COVID. Early in the pandemic, posters on social media sometimes asked if anyone knew anyone who had died because of COVID-19, as if to suggest it was a non-crisis or, more callously, a made-up crisis. What should you do financially to get through the coronavirus COVID-19 pandemic?
The Coronavirus COVID-19 and Your Financesīe Prepared! Whether you have already experienced the health effects of COVID-19, it is certain to affect your personal and household finances.
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