How to Prepare Financially for a Second Wave of COVID-19

As more and more states beGIN to ease restrictions and open back up, health experts warn of a resurgence of COVID-19 cases -- a so-called second wave. Whether that wave comes during the summer, in the middle of fall, or at some point in winter is tough to predict, but in the absence of a widely available COVID-19 vaccine, those who study pandemics for a living have stated repeatedly that it may be inevitable.

Clearly, that poses a number of concerns not just from a health perspective, but from a financial one, too. Since mid-March, millions of Americans have lost their jobs and unemployment rates have reached record highs. Meanwhile, countless small businesses risk never managing to reopen due to having been shut down for the better part of the past few months.

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Source Fool.com