Two out of 3 adults say that money is a significant source of stress in their life this year. And more than half say they have experienced a negative financial impact from the pandemic. How about you? How are you doing? In today’s podcast we’ll talk about reassessing your financial life. We’ll -

Reassess Your Situation

· lost job

· pay cut

· kids still schooling from home

· rent troubles

Reassess Your Priorities

· what is, what isn’t

· first food and shelter, health and life insurance

· then longer-term

· info overload, focus on your top three

Reassess Your Budget

· listen to our last podcast, Episode #16 That B$%&@!

· Use apps like Mint or YNAB

· Continue paying off debt, especially mortgage

Reassess Your Resources

· Emergency Fund

· unemployment benefits

· Medicaid

· food stamps, food pantries

· Army Emergency Relief, Navy and Marine Corps relief Society, Air Force aid Society

· relatives

· line of credit (HELOC) versus credit cards

Back to Your Priorities, mental health

· family

· caring for others, charity

For more information check out our website: https://www.moneypilotadvisor.com/