Get Help Managing Your Money During Shutdown With This Quiz
Have you ever been so stressed out that making the smallest decision can be exhausting? In such circumstances, the thought of making an important decision can make you freeze in place, and you cannot act at all.
If the ongoing coronavirus emergency makes you think this way about your money, there is a new tool that can help you pave the way for progress.
The Money Moves quiz from SmartPath, an online financial advisory service, will answer a series of questions to help you identify options for financial resilience during a pandemic.
You might be thinking. “I know what to do: save more , spend less, and not use my emergency fund to pay for trivial things.” But this is easy to say in a normal economy, when unemployment is acceptable and most of the secondary jobs are open to business.
But now it’s weird . Therefore, it can be difficult to know which money management option is right for you, especially when everyone and their grandmother has an opinion.
The quiz asks 15 questions about your situation, including how much you have saved for emergencies, how much debt you have, and whether your work situation has changed. You need to enter an email address to get the results, but you have the option to uncheck a button that allows SmartPath to send you marketing emails. And the company states that it does not store or transmit any information that you provide in your quiz.
Your report will tell you how long to plan for (for example, 30 or 60 days) and show you the options for gaining access to cash in a strategic manner.
Look, maybe you think you’ve figured it all out and you don’t have to hold hands to get by. But you won’t get a prize for that right now.
Self-reliance has its place in the guide to realizing the American Dream, but here at Pandemiquill we all need to be practical and work with the situation we have.
And if for this you need to be tested in practice in the form of a quick quiz, by all means, use the free resource. It can help you shake off that frozen feeling and move on to steps you can take to strengthen your finances for the next few months.