10-POINT PANDEMIC FINANCE CHECK LIST
This is a 10-article series in the Globe and Mail by personal finance columnist Rob Carrick on what you should have done by now to protect or improve your money situation.
The first installment published on March 23, 2020 covers falling stocks and wartime budgets for families, followed by articles on the safety of bank deposits and wills, why you should clean out your big-bank savings account.
*We've made a few adjustments to what we at GODDYN MORTGAGES believe in.
Step 1: Mobile banking is the way go to, forget cash and cheques
Step 2: Grade your investment advisor: pass or fail
Step 3: Grade your financial/mortgage service provider; pass or fail
Step 4: Working remotely works
Step 5: No need to panic over stock market
Step 6: Review those points and reward card programs
Step 7: Plan your travel now (not sure I agree here)
Step 8: Top up emergency savings fund - Or access to it (Think Equity)
Step 9: Stop stress buying and build resiliency instead
Step 10: Own less Stuff, Owe less (bad) debt.
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