Here's how to make your money work harder for you in the coronavirus crash investinyou (In partnership with acorns.)
Another bright spot: You might have more time on your hands.
People tend to overlook health savings or flex spending accounts, as well as cash that can be generated from credit cards, says Sasha Hutchison, 38.The point is to avoid going into panic mode and be more forward-thinking, Hutchison says. "These are the things I owe, this is what I can do to bring in cash now," she said. "It helps you to feel more in control."
If you have a cash-back credit card, that's another source. Groceries and gas help accumulate points quickly. In a time of great uncertainty, an emergency fund is critical. Over the last week, things changed almost daily, says Gendreau. "You might get reduced hours, a pay cut," she said. "Before that happens, ideally, is the time to take a really close look at your budget.
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