In this training video, Dr. Nitin Chhoda shares valuable insight on 5 things to do when you’re out of work and bills are piling up.
1 – Make sure you are applying for all available benefits.
2 – Make a budget and trim unnecessary expenses.
3 – Proactively reach out to all creditors.
4 – Protect your identity and prevent fraud.
5 – Tap into emergency funds including IRAs and credit cards as a last resort
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References:
https://www.nerdwallet.com/blog/finance/making-money/laid-off-due-coronavirus-take-6-steps/
