During this abnormal economic time, if you are living paycheck to paycheck or do not have an 8-month emergency fund in place, start saving your cash and only pay your essential bills. Pay only the minimum payment. This means no retirement contributions. If you have to miss a payment, first miss payment on something non-essential, such as a credit card. Staying healthy, keeping a roof over your head, and food in your stomach should be your main concern right now. You can repair your FICO score and get back on track for your retirement after this crisis is over. - Suze Orman
During this abnormal economic time...
Updated: Sep 29, 2020
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