Financial experts on what do after losing your job
Mar 26, 2020 13:35:59 GMT -5
Post by Shoshanna on Mar 26, 2020 13:35:59 GMT -5
Coronavirus questions answered: Financial experts on what do after losing your job
By Talia Kaplan | Fox News
Coronavirus questions answered: What financial moves should you make if you lose your job amid COVID-19 crisis?
Ramsey Solutions' Rachel Cruze and Ken Coleman answer viewers' financial questions on 'Fox & Friends.'
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here.
Speaking from Franklin, Tenn., on “Fox & Friends” on Thursday, Ramsey Solutions personal finance experts Rachel Cruze and Ken Coleman answered your financial questions related to the coronavirus pandemic.
Question: I lost my job. What financial moves do I need to make immediately?
“The first thing I want to do is, I want to encourage you that just because you lost your job, your dream, your career hasn’t disappeared,” Coleman said. “So you’re going to have to prioritize right now.”
“This is about meeting the four basic needs. This is about your home, this is about your transportation, this is about your utilities and this is about food, and so what I want you to do is get a job,” he continued. “There are jobs that are exploding in certain industries, while we’re seeing others contract.”
He noted that pharmacies, grocery stores and delivery services are among those that are currently hiring to keep up with demand amid the coronavirus pandemic.
“What you got to focus on is this is temporary, short term,” he said. “So swallow your pride. If you’ve got to stock shelves at night and deliver stuff during the day, that’s what you do.”
“You’ll get back into that career, into that purposeful work,” Coleman added.
More at link
By Talia Kaplan | Fox News
Coronavirus questions answered: What financial moves should you make if you lose your job amid COVID-19 crisis?
Ramsey Solutions' Rachel Cruze and Ken Coleman answer viewers' financial questions on 'Fox & Friends.'
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here.
Speaking from Franklin, Tenn., on “Fox & Friends” on Thursday, Ramsey Solutions personal finance experts Rachel Cruze and Ken Coleman answered your financial questions related to the coronavirus pandemic.
Question: I lost my job. What financial moves do I need to make immediately?
“The first thing I want to do is, I want to encourage you that just because you lost your job, your dream, your career hasn’t disappeared,” Coleman said. “So you’re going to have to prioritize right now.”
“This is about meeting the four basic needs. This is about your home, this is about your transportation, this is about your utilities and this is about food, and so what I want you to do is get a job,” he continued. “There are jobs that are exploding in certain industries, while we’re seeing others contract.”
He noted that pharmacies, grocery stores and delivery services are among those that are currently hiring to keep up with demand amid the coronavirus pandemic.
“What you got to focus on is this is temporary, short term,” he said. “So swallow your pride. If you’ve got to stock shelves at night and deliver stuff during the day, that’s what you do.”
“You’ll get back into that career, into that purposeful work,” Coleman added.
More at link