With the levels of uncertainty and stress that so many Americans are facing in this moment, the status of your financial picture can be something that either compounds or alleviates that stress and worry. No matter your personal financial situation, almost every American is wondering, “how will the impact of this virus truly affect me, in the near future, as well as the long-term?” Financially, emotionally, and most importantly, from a medical and health standpoint, we are all uncertain as to how far the spread will be. That being said, there are still many positive things we can focus on to help to quell some of our anxieties:
- Our scientific research capabilities and global efforts are stronger and more advanced than they have ever been at any point in history. For this reason, we can take comfort in knowing that labs and medical facilities are working non-stop to devise an effective vaccine to combat this virus.
- We have witnessed communities at all levels pulling together and stepping up to provide support and volunteering time, efforts, and funds wherever possible to help those most in need during this difficult time.
- While many of us have shifted to working from home in hopes of “flattening the curve,” we are finally getting an opportunity to spend unprecedented amounts of time with those most important to us. Often, we struggle to find a healthy work-life balance – perhaps comforting ourselves with the knowledge that time at work will benefit our family. However, thanks to technology, we are able to stay productive while keeping our loved ones safe and remaining at home.
Ultimately, there is a lot that will be, and already has been, learned from the pressures we are facing with the spread of this virus. Now is not the time to abandon your core values and beliefs when it comes to how you’ve managed your finances in past years. Now is the time to remember what you value most and to keep those priorities in perspective. Slowing down the pace of life from that which we’ve become accustomed can have its benefits, even if it is being done because of a difficult circumstance.