One thing is for sure: This past year changed everyone's outlook on their finances and their security in general. And that must have taught us something . To get a better sense of what we may glean from it, I spoke to several financial experts about what they learned in 2020 — for better or worse — and what they hope to carry forward in the future. Here's the advice they gave.
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Anyone who says they got through this year under their own steam is probably lying or in denial. We all had to lean on someone — a family member who provided free child care, a landlord who offered a break on rent, a friend who gave useful financial advice. Asking for help is a humbling experience, but it also forces us to kick the tires on our support networks.
This may worth something:
COVID-19 relief law includes FSA flexibility for money that was "held prisoner" | 3 On
How We Spent Our Money in 2020 - WSJ
When the pandemic set in, Americans stocked up on supplies, prompting a surge in spending at supermarkets and with online grocers . By late spring, interest also grew in meal-kit delivery kits .
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After an initial plunge in clothes , consumers invested more in athletic and athleisure apparel . And with a significant percentage of office workers still working from home , spending on professional attire and footwear has remained low .
Happening on Twitter
4 money lessons from 2020 to help you plan for a solid retirement in 2021 https://t.co/HFVeabI3Rv MarketWatch (from New York, NY) Fri Jan 01 15:16:41 +0000 2021
If 2020 taught us anything about money, it's these lessons: https://t.co/rAhImlCAK6 MarketWatch (from New York, NY) Fri Jan 01 12:35:50 +0000 2021
Lessons from 2020: One thing we learned is that there are 'non-essential' businesses. Parliament must be one of t… https://t.co/NU50iqYJXO MaximeBernier (from CANADA) Tue Dec 29 18:58:41 +0000 2020
We published the 100th episode of #NairaLife yesterday, but here's one more. In a conversation with @banj_t,… https://t.co/XfF5eFdOXB zikokomag Tue Dec 29 08:30:00 +0000 2020
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