Now is not the time to stick your head in the sand and bemoan your situation! You are not alone.National surveys by the Federal Reserve have found that many households would struggle to handle an unexpected $400 expense. Writing for The New York Times, Ann Carrns provides this helpful advice from finance experts: Even small…
Category: emergency preparedness
Your Money: A Hub for Help During the Coronavirus Crisis (The New York Times)
“If your income has fallen or been cut off completely, we’re here to help. This guide will connect you to the basic information you’ll need to get through this, including on government benefits, free services and financial strategies.” By Ron Lieber and Tara Siegel Bernard https://www.nytimes.com/article/coronavirus-money-unemployment.html?te=1&nl=your-money&emc=edit_my_20200323&campaign_id=12&instance_id=16999&segment_id=22635&user_id=bde4c6c63beab087f13b761e1ee9fe1e®i_id=8372066420200323 What you need to know: How unemployment insurance works…
Easy way to build an emergency fund
According to the IRS, around 72% of Americans received a refund on their taxes in 2019. This extra cash may be the largest check some people receive all year and can be a perfect opportunity to start—or grow—your emergency savings funds.Learn how your tax return can kickstart your savings. The Consumer Financial Protection Bureau’s guide…