Unemployment rates hit a record high inApril, but recovered some inMayandJune.
Thestock markethas been on its own roller coaster ride, and daily news reports can leave your head spinning.
With the world lurching from one crisis to the next, managing your money can feel impossible.
It can all be overwhelming, and crisis money management hardly seems like a long-term solution.
7 Ways to Make Money if You Hate People
Do you avoid people too?
Enough small talk.Here are some waysto earn extra cash, without all of the social stuff.
So is now the time to put a dent in the credit card balance or tackle that student loan?
We asked the experts.
Did you know?
If everything works out, you have this money you were setting aside.
You should probably hold onto cash, said Ariel Ward, Certified Financial Planner atAbacus Wealth Partners.
OK, you get the idea.
The financial experts agree: In these uncertain times, cash is still king.
Make Your Emergency Fund a Priority
This one is a must: Build anemergency fund.
By keeping the emergency fund out of sight, youll limit the temptation to tap it for non-urgent expenses.
Seek Out Additional Cash Flows
If cash is essential, having more of it helps, right?
Dont stop making payments just because the offer is there.
Why shouldnt you take advantage of every chance you have to hold onto that money?
Because eventually the bills will come due.
Many of the offers to delay payments come with a price tag, like fees and additional interest.
Stay Flexible
What was your cash flow like in March compared to January?
If youre like a lot of people, those numbers were significantly different your budget should adjust.
In fact, use the budgeting exercise to help you decide what matters most to you.
Youve had a few months at home: What did you miss most?
What did you realize you could do without?
Tiffany Wendeln Connors is a staff writer/editor at The Penny Hoarder.
Readher bio and other work here, then catch her on Twitter @TiffanyWendeln.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
