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Showing posts from March, 2020

How I'm managing finances during the COVID-19 era

It's week two of social distancing and more than 3 million Americans lost their jobs last week . The uncertainty of how long the COVID-19 pandemic will last and the job losses to come has everyone stressed and reeling. On financial message boards the three weeks ago, when we saw the first massive stock market drops, many were  jubilantly buying at what they thought would be the low. The next week, when the reality of the situation hit many of us and it became clear that we all needed to work from home, businesses shuttered and schools closed the tone was much more worried. What should I do about my planned debt payments? How much emergency fund should I save? Should I invest now or is too risky? Should I pull my funds out? It's been quite the ride on the Dow this month. It would be very hard for anyone to answer these questions with any certainty, we don't know what the future will hold but here is what I am doing to try and prepare. Our Background My husban