The uncertain times brought on by the coronavirus pandemic and the resulting economic downturn have made many of us turn our attention (and worry) towards our finances. Before the pandemic, we may have felt confident in our financial well-being and our ability to retire one day.
Reminders to wash our hands, to keep social distance, and to avoid sneezing and coughing in public have become an almost daily occurrence in the media. But physical health is not our only concern in the face of stock market plunges, rising unemployment, and forced business closures.
Maybe you’re a new graduate embarking on your first full-time job. Or, after much effort, you’ve managed to pay off all your credit card charges. Or you’ve just gotten a big raise, so that your income comfortably exceeds your expenses.
Isn’t it great not having to worry either about having to pay interest or whether you’ll have the money to meet next month’s bills? If you want to keep yourself in your happy state, follow these tips for staying debt-free: Continue reading