Finances in Crisis

Rachel Hopmayer breaks down how a national non-profit can help everyone get a better grip on their finances during the coronavirus outbreak.

WORKING AND PAYINGTAXES SINCE 2018.I'M ALICE BARR,WASHINGTON NOWBACK TO YOU.(--- SUGGESTEDQUESTION ---)NBC 26'S RACHELHOPMAYER REPORTSON FAMILY BUDGETSDURING THEPANDEMIC.CREDIT-DOT-ORG IS ANON PROFITDEDICATED TOFINANCIAL LITERACYAND WELL-BEING.BASED ON INPUTFROM CONSUMERS,THEY PUT TOGETHERA SPECIFICCORONAVIRUSFINANCIALASSISTANCE GUIDEONLINE TO HELPEVERYONE ASSESSTHEIR FINANCIALPLANNING RIGHTNOW.NATIONALSPOKESWOMANMELINDA OPPERMANTOLD ME THATTHERE'S NO SHAME INHAVING TO ADJUSTYOUR BUDGET DUE TOA GLOBAL EVENT THATIS SIMPLY OUT OF OURCONTROL.ADDITIONALLY,OPPERMANSTRESSED THATNOBODY SHOULDASSUME THEIRCURRENTEMPLOYMENTSITUATION ISUNTOUCHABLE, SOWE SHOULD ALL HONEOUR BUDGETS DOWNTO NECESSITIES.ELIMINATING NON-CORE ESSENTIALSAND ONLY SPENDINGWHAT YOU NEED WILLALLOW YOU TO MOVEEXCESS AND RAINYDAY FUNDS TOEMERGENCYSAVINGS.

THIS KEEPSYOUR BUDGETFLEXIBLE IN CASEYOU LOSE INCOME.COOKING AT HOME,CONSERVING ENERGYAND MONITORINGSALES WILL ALSOHELP SAVE IN THELONG RUN.

RACHELHOPMAYER, NBC 26.ALTHOUGH THE TAXDEADLINE ISEXTENDED, YOU CANFILE EARLIER IF YOUARE OWED A REFUND.AND, I'M JOINED