The U.S. Department of Labor has reported that 3.28 million Americans filed for jobless benefits last week. Maybe you were one of them.
But regardless of where you’re at right now, in such uncertain times, you may not know how to approach your financial situation.
It’s impossible to know what things will look like in three or six months, but you can put yourself in a good position by taking certain financial steps and avoiding other common mistakes.
So today I’m going to share with you 9 money dos and 5 money don’ts.
9 Money Dos:
Add to Your Emergency Fund
Cancel Unnecessary Subscriptions
Deal With Your Mortgage
Look into Debt Consolidation
Research Balance Transfers
Negotiate with Creditors
Look for Relief Programs
Research Unemployment Benefits
Review Your Financial Plan
5 Money Don’ts:
Don’t Panic Sell
Don’t Try to Time the Market
Don’t “Stock Up” on Debt
Don’t Spend Too Much on Delivery
Don’t Blow Your Stimulus Check