We have never experienced a situation like this before. America is in a national state of quarantine and millions of workers are furloughed. Fortunately, there are stimulus checks and unemployment compensation available, but these are not going to solve all financial problems. Many Americans are facing a severe threat to their financial wellness and it is causing high levels of stress and anxiety.
Mistakes Caused by Panic
The media has numerous stories of people going to stores and buying more toilet paper and other products than they need. Other reports tell of possible rent freezes and other ways to assist people. The major problem, however, is decisions that are induced by money fears. Continue reading