Mitigating the Damage

Mitigating the Damage

There are times when you should be trying to make more money and to pay down debt and save money. There are times when you should try to make calculations about whether your time is worth the money you are making. Maybe there are times when you should be focusing on cutting big fixed costs (such as housing, cars etc.)

But then there are times in crises when those things are just not possible.

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Preparing for COVID-19

COVID-19 is THE TOPIC

I’m continuing on the Coronavirus mode because it is the topic that is dominating everyone’s thoughts and conversations. With Pesach (Passover) on the way people are very worried about their travel plans and everyone is very concerned about all the germs that may pass on Purim.

Preparing for Coronavirus

So I decided to do a quick round-up of some blog posts about preparing for a pandemic and Coronavirus in particular.

How to Prepare for Coronavirus

Round-up of Preparing Posts

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Coronavirus Emergency

The Time has Come

So coronavirus is here and the time has come for all preppers to say I told you so and for all personal finance bloggers to look smugly from their 3-6 month expenses in in a saving account and say “I told you so”.

Saving Money for Emergencies

I’ve blogged before about my Life Happens fund and emergency fund and this just seems much bigger than a broken refrigerator or a trip to the dentist. 2 weeks’ quarantine is much bigger than all of that and that is if everything return back to normal after this. We have no clue how quickly everything will rebound or get back to normal. How resilient is our supply chain? How much have we been depending on foreign workers (especially china) to be able to supply us with really cheap goods? Will we be able to afford things that are made in America? Will this cause a recession? Who knows. I certainly don’t.

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