Browsing: Financial planning amid Coronavirus

Before you completely give up, know that creating a budget and sticking to it is a skill. And as skills go, it takes time and effort to master. 

Several personal finance coaches weigh in on some of the common pitfalls that people fall into which end up costing them big time and how to fix them to get you on the fast track to budgeting like a pro. …

If there is anything that the spread of the COVID-19 (Coronavirus) pandemic across the world leading to partial or total lockdown in several countries has taught us, is that we need to be prepared financially for any eventualities today more than ever.

Barely two months ago, people across the world were planning and budgeting for the New Year without the realization that soon many would be losing employment or experiencing a cut of their normal income.

The global pandemic has brought the world to a standstill. This is an unprecedented time of trying to manage our lives behind closed doors, reaching out to those who need our help, and somehow remain afloat with the minimal income we have left.

Although the pandemic is just in its early stages in East Africa and most African countries, we should be learning from other countries like China and Italy. If we adapt to …