Managing Money and Expenses in Times of Covid'19 and Recession
Автор: Shaheen Rajan
Загружено: 2020-04-27
Просмотров: 89
#personalfinance #covid19 #moneymatters
(this is a live video recording, so the quality is less than great, length a bit too long and not all jokes are funny)
If you are not worried about your financial future, or how your basic living expenses will be paid for for next 12 weeks, I want to congratulate you for being frugal in times of abundance. Also, you are privileged, and I hope you exercise this right responsibly (cough*donotsendyoursickemployeeshome*cough).
For those who are indeed worried about their financial future as jobs have been lost and gigs cancelled, let’s begin with what Imran Khan always says: Ghabrana nahi hai. Don’t panic. Not because it is not a worrisome situation but because stressing doesn’t solve problems. It is more likely to exacerbate them. Instead, take a deep breath, take stock of your assets and liabilities, and plan for your short-term future. I will try to help you through it, with a few suggestions.
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