This is a special edition of How to Money to address the financial effects of the coronavirus and what we should be doing with our money during these volatile times. With the spread of Covid-19, there are many changes impacting our lives we do not have control over. However, we do have control over what we do with our money- especially our investments. Take a quick listen as we answer several listener questions and address some additional areas of our lives that might be affected by the coronavirus.
Additional resources from this episode:
- Nobody could have predicted the massive affects the coronavirus would’ve had, but a correction was imminent. Be sure to listen back to Ep 165: WTD When Markets Decline for some more in-depth information about your investments.
- Mortgage rates are lower, but there’s a number of things to keep in mind if you’re considering a refinance so listen to Ep 127: To Refi or Not to Refi?. Just remember that mortgage lenders are slammed right now so it’ll take some patience!
- And check out these articles if you’re looking to take advantage of low rates and are considering refinancing from your federal student loans as well as additional considerations before consolidating your student loans.
If you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money!
Best friends out!