Evaluate your financial situation.

  • Consider an emergency budget.
  • Contact creditors ahead of time. Ask about
    temporary lower rates, extensions, hardship plans.
  • Research what community and government assistance
    are available.
  • Consider your retirement savings. Normally this
    is taboo, but these are not normal times.
  • Explore if there is any way you can earn income
    at home?
  • Discuss alternative, creative and safe ways to
    work with your employer and fellow employees, such as delivery services or
    preparing take-out.
  • If you file income taxes and expect a return,
    get them filed if you haven’t done so.
  • Stay away from payday loans.
  • Sit tight on your stocks and bonds.
  • Beware of scams.
  • Resist online binge shopping.

Several of my clients are struggling with issues
related to corona virus. I am offering some of the tips these clients have
suggested for navigating today’s uncertain waters.