Good Financial Reads: Financial Considerations During the Coronavirus Pandemic

2 min read
March 27, 2020

Financial Considerations During the Coronavirus Pandemic

Don’t Let Fear Drive Your Investing

by Matt Elliott, Pulse Financial Planning

As you’re reading this, there is likely a major event in the news that may have you worried and is driving the stock market. One thing that often keeps people from becoming financially free is letting fear hijack their financial decision making. If you let emotion drive your investing decisions rather than logic, your investments will suffer.

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Coronavirus Unemployment Benefits Resources

by Michelle Smalenberger, Financial Design Studio Inc.

Some of the people we’ve talked to are unemployed or have fewer working hours because of the Coronavirus. Everyone is being affected a little bit differently these days. 

First off, if your income has been ended or lowered, you want to file for unemployment.

There is Federal and State benefits you can get for your situation. We have a link about how to apply here.

 

How to Create More Cash Flow During the Coronavirus

by Michelle Smalenberger, Financial Design Studio Inc.

Here are some things you can do if you find that you need more cash flow and have a lower income. We will go through some tips of what you should always do, but especially now with Covid-19 income changes.  The government has actually increased the amount of time some of these benefits are available to you which is a very good thing!  

 

Dust Off Those Circuit Breakers

by Michelle Smalenberger, Financial Design Studio Inc.

On October 19, 1987 the stock market crashed, with the S&P 500 falling more than 20% in one day. The move was so swift and so unexpected that stock exchanges weren’t equipped with a game plan for how to handle such volatility.

The solution? Circuit breakers. Let’s see how they work.

 

What We Expect Ahead with the Coronavirus

by Michelle Smalenberger, Financial Design Studio Inc.

As time goes on, we know the market has been a little volatile, these are things we want to talk through instead of writing.

Let’s talk through the things of where we have come from, where we are going, and what we expect. We want to give you information and we want to help you understand what is happening. This is so that you aren’t fearful, you aren’t panicking. We just want to make sure we are educating you and keeping you up to date!


Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.

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