The dramatic and swift shift in our US and global economies due to the COVID-19 or Coronavirus Pandemic has led to millions of people being furloughed, or losing their jobs and for many business owners it means shutting down temporarily or closing for good. If you live paycheck to paycheck, the financial strain is immediate. If you're fortunate enough to have a financial cushion, then you may be able to withstand the worst effects for a while. But you have to find ways to stay financially well during this or any other crisis because your overall health and well-being depend on it!
Here are some resources for surviving and thriving financially during and after the pandemic.
The CARES (Coronavirus Aid, Relief, and Economic Security) Act has many ways to help people and businesses during this pandemic with fast and direct relief. Take advantage of every relief option for which you may qualify.
Many people will soon receive some Economic Impact Payments from the IRS. Here's where you can track those stimulus checks.
Before making any hasty decisions regarding your stocks, 401(k) and other retirement funds, please talk to your financial consultants on your best options.
Remember, BMI Wellness Concepts remains committed to making sure you Get Well, Be Well, Stay Well.