Friday, January 1, 2021

Money Lessons From a Truly Terrible Year

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.

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Publisher: The Cut
Date: 2020-12-31T13:00:27.804Z
Author: Charlotte Cowles
Twitter: @TheCut
Reference: (Read more) Visit Source



This may worth something:

COVID-19 relief law includes FSA flexibility for money that was "held prisoner" | 3 On

Publisher: AZFamily
Twitter: @azfamily
Reference: (Read more) Visit Source



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 .

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Publisher: WSJ
Date: 2020-12-31T16:06:00.000Z
Author: Merrill Sherman and Lindsay Huth
Twitter: @WSJ
Reference: (Read more) Visit Source



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