COVID-19 has blindsided us. While there may have been speculation at the end of 2019 about the long bull run of the stock market, no one anticipated this. Personal finance during the coronavirus pandemic is unlike anything we have experienced before. It has left millions of people out of work, with no income. Or trying to work from home (WFH) while also crisis-schooling the kids. Stock markets have crashed faster than any time in history. And while some losses have been regained, we’re way below the peaks of February 2020. What will happen to your retirement fund?
Here is a collection of all the articles I have written relating to COVID-19. Check back often, as I continue to write frequently.
Personal Finance during the Coronavirus Pandemic
Scholarships in Canada – Get more Money for School
Students, do you need money for school? Are you having trouble finding a summer job during COVID-19? You’re not alone. Many employers that typically hire students are cutting back this year. If you’re discouraged by the job market, turn your focus to applying for scholarships. If you can earn a few thousand dollars from scholarships,…
Amazon: How to Easily Return Purchases or Gifts
It’s very convenient to purchase things you want online, rather than driving to the mall. Especially now, when we’re trying to avoid crowds during COVID-19. Online shopping has been growing for years, but got a real boost in 2020 – especially Amazon. But what do you do if your delivery doesn’t work out? Maybe the…
Get Out of Debt: Debt Avalanche vs. Debt Snowball
If you need to get on top of your mountain of debts, you’re not alone. The circumstances that brought you here may be not under your control. But you CAN start to chip away at that iceberg! Maybe you’ve heard of the debt snowball versus debt avalanche debate. Which one is the best way to…
Review of Sobey’s new Grocery Delivery, Voilà!
Voilà by Sobey’s is the new grocery home delivery service for people living in the Greater Toronto Area. If you’re like me, trying to reduce going in-person shopping during COVID-19, then this could be just the thing you’re looking for. Voilà is putting safety first, while also making online grocery shopping quick and easy. UPDATE!…
Help, I’m in a Cash Flow Crisis
Millions of people have been laid off during the COVID-19 pandemic. Millions more have had their hours cut back. Governments have helped soften the blow with various financial relief programs, but for many people it’s just not enough. Getting through a financial crisis is a four-pronged approach: getting more income, spending less money, deferring payments…
COVID-19 Finance Advice from Top Canadian Money Experts
Coronavirus is impacting us in myriad ways. We’re working more than before, less, or not at all. We’re crisis-schooling our kids while we attempt to work from home. Our retirement funds have plummeted, and we’re trying not to worry about that too. There’s still the rent or mortgage to pay – or is there? What…
What Everyone Should Know about Economics during COVID-19
Economics is the study of how individuals, businesses, governments and countries make choices. They need to allocate limited resources. And they want to choose the mix that makes them happiest. Keep reading for the answers to common questions about economics during COVID-19. Will we have a recession? Is high inflation coming? Why don’t we make…
What Will the Economy Look Like After COVID-19?
We’re in the midst of fighting Covid-19 in almost every country around the world. Governments in all nations and at all levels are responding with shutdowns and restrictions. Small businesses and large international corporations are trying to pivot quickly. White collar jobs are now mainly work-from-home, restaurants are trying to pay the bills with delivery,…
Experts Weigh In: Will COVID-19 Cause a Global Recession?
Our world seems to have ground to a halt, with governments and corporations around the world reacting to the spread of the novel coronavirus. Stock markets have been a roller coaster, with huge drops triggering the circuit breakers that halt trading temporarily. Then a day or two later, followed by surprising stock market gains. Many…
What Should you do When the Stock Market Crashes?
Global stock markets in early 2020 experienced a significant downturn. What should you do in a stock market crash? Intellectually, we know that the worst thing to do is to panic and make emotional decisions. But it’s hard to stay the course when you open your online investment account and see everything is in the…
Hear my Interview!
I had a fabulous talk with Shannah Game at Millennial Money Podcast. She wondered, “What will our economy look like after the coronavirus quarantine has left us? Will we bounce back to how we were before, economy booming, most of us fully employed, taking trips and spending money, or will our economy be forever changed?”
What you’ll learn:
- What is the economic impact of the Coronavirus
- What economic factors do you need to pay attention to
- How the economy directly impacts your bank account
- How this time in history compares with other recessions
- What does it mean to be in a recession (and are we in one)
- The global economic impact (and why you should care)
Hear the whole episode at How Will The Economy Impact You Post-Coronavirus.
Grocery shopping during COVID-19 can be challenging to get what you need. Plan 2-weeks at once with my free 2-week meal planning template!