COVID and Financial Exhaustion: How to Protect Yourself
(FinancialHealth.net) – The COVID-19 pandemic has been stressful. Not only are Americans worried about their health, but they’re also concerned about their finances. Surveys have shown workers feel burned out. That could lead to people putting off their financial planning, which isn’t a great idea.
Retirement planning should never go on the back burner, no matter what’s going on. There’s one guarantee in life: Every day, you will be older than the day before. Even if you can only put $5 in your savings account, MarketWatch says you should do it. Any amount is better than nothing, and it should remain a habit so that you don’t have to retrain your brain to save.
As far as day-to-day expenses goes, the pandemic is definitely causing uncertainty and exhaustion. That means you should make smart decisions with your money, but you don’t have to completely stop living your life. As long as you’re making good choices and saving what you can, you should be in a good position.
Clever Girl Finance has some other money tips to help keep you on track during a difficult economic time.
It’s easy to let things fall by the wayside when you’re facing uncertainty. Stress makes life hard to deal with. Your financial health is one aspect of your life that you really need to pay attention to even when times are tough. It benefits you in both the short and long term, even if it seems like a giant pain in the rear right now. Take a deep breath and keep on truckin’.
~Here’s to Your Financial Health!
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