Here are some helpful tips for those who are experiencing financial hardships associated with the Coronavirus (COVID-19)
|Calculate your financial runway||
How much money do you have?
|Prioritize your payments||
Housing should be first. Perhaps student loans can be deferred for 6 months?
|Look into temporary solutions||
Look into solutions that’ll help you with temporary relief and an increase of cash flow during this setback – skip-pay, loan extensions, loan modifications, low interest loans for disaster recovery, waived fees, etc. Reach out to creditors/lenders to seek temporary relief, too.
|Use the Survival Kit from BALANCE|