It’s a Great Time to Review Your Finances!

By now, many of us are getting bored with Netflix, our little home improvement projects, our hobbies, working from home, homeschooling, being laid off… the list could go on and on.  The point is, we’re all looking for different things to focus on, and as much as you might not want to, now is the perfect time to focus on your money.  I know that right now it’s much easier to just stick your head in the sand and pray that it’s all going to work out, but can any of us really afford to do that?  Seriously, if you’ve lost your job, you’re already stressing out over money, and if you’re still working?  Maybe you’re not sure how long that will last?  Either way, when you really sit down and think about it, it’s a great time to review your finances and your credit.  Yes, I know what you’re thinking… why depress yourself even further?

Actually, reviewing your finances right now might do more than depress you.  It can also give you the time to figure things out.  If you’re laid off, you can plan how you will catch up once this forced period of economic misery is finally behind us.  We’ve all heard about the economic stimulus, and the four full salaried months of unemployment that we’re being promised, but how will that fit into your life?  Can you make it work?  Can you catch up?  Or, if you’re still working, how can you use that stimulus money to your best advantage?  What can you do to get back to where you were financially before this forced shutdown.

See what’s happening?  That’s right, you’re making a plan to survive, to dig yourself out of this crazy mess that we’re all in!  If you’ve been reviewing things, you now know what you have in the bank, how much your monthly bills are, how much and where you can trim your expenses, how much credit you have available… things you probably didn’t know two weeks ago.  Things that will help you to survive once the pandemic is over and we all get back to living.  And even you have to admit that you feel just a little bit better, don’t you?