From layoffs, salary cuts, and missed bonuses to canceled travel plans, working out at home, and spending less at restaurants, almost every one of my clients has experienced budget changes due to COVID-19. For some, it’s meant going from having a surplus to focusing on making ends meet. And for others, it’s meant socking away
A pandemic like the one we’ve experienced with COVID-19 has completely altered financial strategies. It has upended revenue and profits as well as incomes. As if it wasn’t already challenging enough to save for retirement, a pandemic seemingly has put an end to retirement savings. Or, has it? We asked a number of entrepreneurs, financial
During this period of COVID-19, it’s imperative to get all of your finances in order as the global economy plunges into its worst recession since World War II and shrinks by 5.2%. Since these are unprecedented times, there’s already plenty of uncertainty and fear, and the last thing you’d want to worry about is your
The U.S. unemployment rate is gradually improving, but many workers understand that their jobs may not be safe. Instead of just hoping they hang on as the fallout from the pandemic worsens, it’s important to take steps now to secure another job or prepare financially for a job loss. One of my clients, an airline
With the start of classes quickly approaching, many college students are struggling to find their footing in a school year that’s still being shaped by the COVID-19 pandemic. Many universities like Harvard and George Washington University have announced fully remote learning for the fall semesters, while others are planning a remote and limited-contact hybrid format.
After losing your job, you’re probably thinking about how to start earning money again. You might apply for unemployment benefits, pick up a side gig, or search for a position you could fill from home, at least until the coronavirus pandemic subsides. But what do you do with the money you already have? Now that