One of the most important resources in your financial life is a well-stocked emergency fund, an account to tap when an unexpected event derails your financial plans. "The purpose of this money is that it’s like an insurance policy," says Jamie Ebersole, a certified financial planner in Wellesley Hills, Massachusetts. "You might not see a lot of return from it, but you're happy (it's there) when you need it."
Important information about Economic Impact Payments from the IRS.
Important information from the IRS related to current Coronavirus relief efforts.
There's nothing pleasant about a worldwide pandemic that's forcing millions of people to perform social distancing by staying away from other people. However, if you're looking for a silver lining — because we could all use a little silver lining right now — it might be the extra time we now have to get things done at home.
The market’s negative response to health crises is nothing new. How will coronavirus impact the market and your personal finances?