Before my husband and I started working with our financial adviser at the beginning of 2020, we didn’t have much of a plan for our money. We made sure our bills were paid each month and our credit wasn’t terrible, but beyond that, there was no strategy. So while we technically had what we needed
Terry Knight, the 31-year-old founder of Spark Ads Agency in Sunny Isles Beach, Florida, can tell you a thing or two about credit card debt. Some 10 years ago, while still in school, he was laid off from a part-time job and started using his credit card to help pay living expenses. He quickly went
As a parent, our instinct tells us to protect our child. Since the start of COVID-19, that instinct has kicked into overdrive. Not only are we working to physically protect our kids from getting sick, but we also want to shield them emotionally. Every day is a struggle when our kids ask us why they
You may find a slew of tantalizing reasons to stop contributing to your retirement account during the COVID-19 recession. Some of you have likely lost your jobs; others should be concerned that they may be next in the unemployment line. Wherever you look, there appears to be bad news. This is often the best time
The COVID-19 outbreak is hurting Americans in more ways than one. Not only are many people getting sick, but countless workers have already lost their jobs or seen their wages take a hit due to new restrictions and guidelines that are forcing the public to socially distance. If your income has dropped in the past
Here’s what you need to know about Coronavirus’s impact on your finances — and what to do about it. 1. Assess your income How can coronavirus affect my income? It depends. If you’re a salaried employee, for example, you’re less likely to face direct economic pressure. However, if you’re a part-time employee or earn sales