Short on Cash? Here's Some Advice For Families Stretching Their Budgets
Many people who have lost jobs during the pandemic are still awaiting unemployment checks and are figuring out which bills to prioritize. Experts share unusual advice for these unusual times.
by Yuki Noguchi
Apr 09, 2020
2 minutes
Forget living paycheck to paycheck. Many families have lost work during the pandemic and are running out of cash as they wait for unemployment checks and government rescue money to arrive.
These are highly unusual times, and family budgeting recommendations are also unconventional.
Kathy Hauer, a financial planner based in Aiken, S.C., says she's telling people to do things she has never recommended before: "Defer as many payments as possible and and worry about it later."
But, she says, don't just ignore all the bills. Make sure to call all the companies
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