3 Smart Moves Americans Are Making During the COVID-19 Crisis
The COVID-19 crisis hasn't been easy on anyone. Even those who have managed to keep their jobs are feeling the financial strain, and the fact that retirement plan and investment portfolio values are down across the board is demoralizing, to say the least.
There's also job insecurity to contend with. Those who haven't been laid off may be wondering whether they're next on the chopping block. And with the economy largely being shut down, finding a new job is a seemingly impossible task right now. It's no wonder, then, that 60% of U.S. adults are concerned about their finances over the next six months, reports Fidelity. At the same time, Americans have begun taking steps to better manage their money and get a handle on longer-term financial goals. Here are a few smart moves they've been making during the crisis.
Source Fool.com