As things change rapidly in financial markets, it can be easy to make poor decisions. In this video, get strategies for making smarter decisions for your personal finances.
- I want to give you four things to be thinking about … during this unsettling time. … The first one is your income. … Do you anticipate any changes to your income, … either short-term or mid-term due to the coronavirus? … If so, be stocking up cash as much as you can … so that you can weather some changes in income … that might be coming up. … There's also some government programs … that will be coming out, … forgiveness of some student loan interest. … There may be some paid family leave … and some sick leave that you can take advantage of … to help supplement income if needed. … The second thing I want you to be thinking about … are your expenses. … Are your expenses increased a bit … over the last few weeks due to the coronavirus? … Or maybe are they decreasing … because you're no longer even able to get childcare, … let alone pay for it. … If your expenses are increasing, … think about ways that you can cover that … without going into debt. … If your expenses are lower than expected, …
This course was created by Madecraft. We are pleased to host this content in our library.
- Adopting an approach to manage uncertainty
- Identifying resistance to change
- Developing tools for self-care
- Distinguishing fact from fiction
- Building decision-making skills
- Identifying how stress is handled
- Developing methods for communication
- Finding a new rhythm
- Evaluating personal finances
- Gaining new perspectives
Skill Level Intermediate
Lessons in Enlightened Leadershipwith genConnectU56m 50s Intermediate
1. Embracing the Change Around You
2. Understanding What Is Going On
The historical context1m 58s
3. Managing Stress
4. Evaluating the Financial Impact
5. Adjusting Your Approach
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