How Anxious Do You Feel About Your Financial Situation?

Discussion in 'The Cocktail Lounge' started by Bridget Mallory, Dec 17, 2020.

  1. Bridget Mallory

    Bridget Mallory Active Member

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    The COVID-19 pandemic derailed every financial plan people had in place for 2020. A lot of people are feeling increased levels of anxiety regarding their personal financial situations, I know friends who have dealt with loss of income and now using their savings to survive without going under. What steps do you take to better handle the uncertainties and fears?
     
  2. Bridget Mallory

    Bridget Mallory Active Member

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  3. renegadelook

    renegadelook Member

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    I make sure that I have enough sleep and I exercise too.
     
  4. TomB16

    TomB16 Well-Known Member

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    I have profited from the pandemic. I havent gotten rich but we have been advantaged, to a small extent. Also, this is one of the best years for our portfolio in years.

    That gain is mostly luck. I happen to have income sources that are solid, for now.

    The luck involved in our situation is why i dont mind helping others through this brutal beat down.
     
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  5. Bridget Mallory

    Bridget Mallory Active Member

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    That's really great, at least there is also some good news. It's also nice of you to help others, especially with the situation now.

    Some people are not lucky enough, some even lost their jobs and businesses. This is really an anxiety-provoking and stressful time for most of us, and I am hoping that we get all through these in one piece.
     
  6. Bridget Mallory

    Bridget Mallory Active Member

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    the most important thing is to keep our self healthy as much as possible
     
  7. Ridestock

    Ridestock Member

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    I keep in mind who actually needs the money and make sure I eat first.
     
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  8. renegadelook

    renegadelook Member

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    I am glad that I didn't lose my job, this pandemic made me realize the importance of emergency funds and savings.
     
  9. Bridget Mallory

    Bridget Mallory Active Member

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    it really is important, we should always be ready financially when something like this pandemic happens.
     
  10. Stocksam

    Stocksam New Member

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    I'm lucky that I saved money for situations like this, but I also didn't lose my job so no problems for me financially. how are you?
     
  11. Bridget Mallory

    Bridget Mallory Active Member

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    Same here, didn't lose my job and wise enough to save some money for emergency
     

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