Bola Sokunbi, from clevergirlfinance.com, wrote an article about how to remain financially well despite the unprecedented times we have all endured this last year. The tips she provides are:
Downsize and focus on essentials: in difficult times, your top priority must be to keep yourself safe and secure. Frivolous spending should be kept to a minimum.
Pause or reduce investment contributions: During financial hardship, focusing on savings should be of utmost importance.
Find other ways to make money: in times of desperation, working at a level below your skill set is sometimes necessary.
It is okay to ask for help: let your service providers and lenders know you are facing financial difficulty and ask for help if you need it; it is okay!
Work to improve your finances: learning to manage your money through books, podcasts, or through external help (A company like us!) is sometimes crucial to prevent facing financial hardship again
For more detailed tips from Sokunbi, read: Financial Wellness Tips
Written By: Your Financially Fit Me Team
No comments:
Post a Comment