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Think back to January 2020: a time when sweatpants were reserved for couch time, when couch time was reserved for evening hours, and when toilet paper abounded in your go-to grocery store. Joking aside, COVID-19 has likely changed everything from your daily routine to your shopping habits. These shifts may have thrown your budget– and your finances– into a bit of chaos. In this article, I’ll share some tips for how to focus on your finances in a pandemic-changed world.

 

How to Focus on Your Finances in a Pandemic-Changed World
1.) Financial Upheaval

I’m looking at you, “essential workers.” And those of you who work in industries like entertainment and hospitality. Not to mention healthcare workers. If you’ve been lucky enough to retain your job at full pay through this pandemic, chances are you are burnt out at best, and at worst, that your health has suffered. 

Focusing on big financial goals like your debt snowball may have understandably taken a backseat over the last year. In my social circle, priorities like supervising a fourth grader’s online education and restocking the household cache of Clorox wipes have become paramount. But when I say this is the perfect time to refocus on your finances, I mean it. 

The post-pandemic world looks different in many ways, and as we continue our recovery as a society, we’ll develop a clearer picture of the path forward. For now, know that assessing your current financial picture is an excellent start to regaining a sense of control over your life. Focusing back on your finances is one thing you can control right now.

 

2.) Resto… Read More

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