We are currently in unprecedented times. In the midst of a global pandemic, the United States has been hit very hard by the spread of COVID-19. Business are closed, as are schools. The effects of this virus are far-reaching; not only with public health in jeopardy, but our collective financial well-being too.
Many parents face the uncomfortable task of trying to put this situation into perspective for their children, despite it being one that has not been faced in several generations, especially on this scale. There are several lessons, however, that can be taken from all of this. None are more poignant than how one should manage their own finance in times of crisis.
Tim Ranzetta of MarketWatch.com has produced a helpful list of resources parents can use to impart personal finance tips to their children, given the current economic climate. To view this article, please click here.