7 Money Management Tips<br />During the COVID-19 Pandemic Many Americans are currently facing <br />financial hardship as the economy feels the <br />effects of business closures and stay-at-home orders. Here are seven money management tips to<br />help you feel more confident and in control<br />of your finances during the pandemic. 1. If monthly student loan payments<br />are too much of a strain on your budget<br />right now, consider deferring payments<br />until you feel able to afford it. 2. In order to reduce waste and save money when<br />grocery shopping, focus on purchasing shelf-stable foods<br />and fresh foods that last long-term in the freezer. 3. Instead of venturing out to purchase things, search<br />your home for the medications, foods and entertainment<br />items you unintentionally tucked away. 4. Determine what monthly services<br />and subscriptions you’d be okay unsubscribing<br />from, as small bills tend to add up. 5. Although it may be tempting and convenient to<br />order food delivery, try to resist the appeal and instead<br />focus on creating your own meals at home. 6. Consider creating an emergency fund with<br />the money you’re saving by staying at home. 7. As appealing as online<br />shopping may be, resist making<br />unneeded online purchases. Try<br />focusing on essential items only.
