Money Management

Coronavirus (COVID-19) Resources For Financial Relief & More

We’ve been on prime of the monetary implications of COVID-19 for the reason that pandemic started. Whether you’re coping with non permanent unemployment, questioning assist your staff, or considering one of the best investments on this unprecedented time, take into account this your grasp useful resource.

Financial Resources

Coronavirus Emergency Financial Aid & Stimulus Measures (Latest) – Bookmark this frequently up to date record of all of the actions the U.S. authorities has taken to bolster the economic system and the way they have an effect on you.

COVID-19 Stimulus Payments Eligibility & How to Get Yours – Thanks to the federal authorities’s March 2020 financial stimulus package deal, most Americans acquired one-time money funds starting in April 2020. Will there be a second stimulus fee? We replace you on the most recent right here.

Second COVID-19 Economic Stimulus Payment – Eligibility & How to Get It – The U.S. authorities is sending one other spherical of COVID-19 stimulus funds. The overwhelming majority of American adults and youngsters are eligible, however not everybody qualifies. Find out if and the way you’ll obtain your stimulus fee — and most vital of all, when.
Third COVID-19 Economic Stimulus Payment – Eligibility & How to Get It – The financial fallout of the coronavirus pandemic spurred lawmakers to finish one other stimulus package deal in early 2021. The American Rescue Plan Act of 2021 features a third spherical of direct funds to Americans — the most important stimulus checks but. Learn who’s eligible and get it.
How to Best Use Your COVID-19 Economic Stimulus Payment – While not everybody has the posh of saving their $1,200 stimulus funds for a wet day, there are a number of methods those that do can put it to good use — for themselves or others.
Does Life Insurance Cover Coronavirus (COVID-19)? – One of the various sources of uncertainty for Americans today includes a type of monetary safety folks often regard as a certain guess: life insurance coverage. Millions of us are questioning whether or not life insurance coverage covers deaths attributable to COVID-19. On that entrance, there’s excellent news and dangerous information.
How You Can Take Advantage of Low Interest Rates Right Now – Interest charges are close to historic lows because of the COVID-19 pandemic’s financial influence, which has introduced complete sectors of business to a standstill. While that’s dangerous information, there could also be a silver lining for well-positioned debtors. Here’s how one can benefit from the present low rates of interest.

Credit Cards Rewards & Benefits for the COVID-19 Era – The COVID-19 pandemic has disrupted society and the economic system on a world scale. And properly over a dozen bank cards have quickly added rewards classes (or elevated present rewards charges) and precious fringe advantages to replicate their newly homebound customers’ altering spending habits.

Resources for Employees & Independent Contractors

Unemployment

How to Prepare Financially & Survive Unemployment or Job Loss – 9 Tips – Many individuals are going through the prospect of lowered hours or shedding their jobs because the COVID-19 pandemic spreads across the globe and firms are shutting their doorways or decreasing workers. If you’re nervous you’re going to lose your job, it’s important you begin financially getting ready to outlive unemployment.

Unemployment Benefits During the COVID-19 Pandemic – Guide – The COVID-19 pandemic precipitated an unprecedented spike in jobless claims. But the overwhelming majority of employees are eligible for state unemployment advantages. Follow these steps to use.

Employees Hiring During the Coronavirus Pandemic – Job Opportunities – It appears each new headline spells sure doom for the worldwide economic system on account of the COVID-19 pandemic. But many organizations have seen a spike in demand within the wake of the outbreak. If you are concerned your job is on the chopping block, discover these job choices.

Worker Protections

Workers’ Compensation & COVID-19 – What You Need to Know – Work-related COVID-19 sickness is eligible for employees’ compensation — however figuring out whether or not an an infection is eligible and whether or not it warrants a declare isn’t at all times clear-cut. If you’ve been identified with the virus, discover out what you want to learn about submitting a employees’ compensation declare.

Disability Insurance & Coronavirus (COVID-19) – Are You Covered? – Among the various sources of trepidation for working Americans today is whether or not their incapacity insurance coverage will cover pandemic-related work loss. The answer is: It is dependent upon the circumstances.

Compassionate (Paid) Family Leave – What It Covers & How to Use It – Compassionate depart or paid household depart provides flexibility to employees with household obligations and dependent care wants, and it’s pretty widespread within the developed economies of the world. What is compassionate depart and what would it not appear to be within the U.S.? Learn extra about it right here.

Protections for Gig Economy Workers – Current & Proposed – State and native governments are proposing and enacting new legal guidelines to drive firms to supply gig employees protections like medical insurance and paid time without work. Find out when you’re eligible for any right here.

Resources for Employers

Paycheck Protection Program (PPP) – Guide for Small-Business Owners – The Small Business Administration is disbursing greater than $600 billion in low-interest forgivable loans to many American small companies, freelancers, and nonprofits by means of the Paycheck Protection Program. Find out when you qualify and apply earlier than the money runs out.

PPP Loan Repayment & Forgiveness – Common Questions Answered – The Paycheck Protection Program Flexibility Act permits debtors to make use of as much as 40% of their loans’ proceeds for sure nonpayroll bills with out jeopardizing forgiveness eligibility supplied they use the rest for payroll bills. But many debtors nonetheless have questions. Get the solutions right here.

Compassionate (Paid) Family Leave – What It Covers & How to Use It – Compassionate depart or paid household depart provides flexibility to employees with household obligations and dependent care wants, and it’s pretty widespread within the developed economies of the world. What is compassionate depart and what would it not appear to be within the U.S.? Learn extra about it right here.

Investing

COVID Stocks – What They Are & Why You Should Invest in Them – COVID-19 shares characterize firms that present services designed to forestall or deal with the novel coronavirus. Do these shares characterize a very good funding alternative, and do you have to take into account investing in them? Read on for extra concerning the execs and cons of investing in COVID-19 shares.

8 Investments to Protect Against a Post-COVID-19 Inflation Spike – With trillions of {dollars} introduced within the COVID-19 stimulus, economists have sounded the alarm on rampant future inflation. Prices might spike, and the greenback’s worth might collapse. But not all investments get hit evenly by greenback decay. Find out which investments can shield your portfolio.

5 Stocks to Buy because the Market Recovers From the COVID-19 Pandemic -COVID-19 has modified the world and lots of shopper behaviors and tendencies. The stock market, too, has been on a wild trip, with many sectors and firms nonetheless properly beneath their pre-COVID valuations. What shares do you have to purchase in anticipation of the COVID-19 recovery? Here are a number of concepts to think about.

9 Best Investments to Make During a Recession With Volatile Markets – Even with market volatility, there are nonetheless funding alternatives. Understanding what these alternatives are and benefit from them can depart you poised to succeed when the economic system returns to regular.

How to Invest During a Stock Market Bubble and Cash in Before It Pops – Most folks have heard of the dot-com bubble. Many consider it was the one bubble ever to inflate the market. But bubbles occur on a regular basis, together with now as we cope with the results of the COVID-19 pandemic. And making your share of coin as these bubbles inflate — and even after they pop — isn’t as exhausting as you assume.

Other Resources

COVID-19 Testing & Treatment – How Much Does It Cost? – With the pandemic exhibiting no indicators of abating, tens of millions of Americans will face crushing COVID-19 remedy payments earlier than it’s over. Even when you can’t management how the illness impacts you, knowledgeable well being care customers owe it to themselves to know what to anticipate financially after a flip for the more severe.

Coronavirus Scams – Real-World Examples & What to Watch Out For – History is rife with tales of tragedy bringing out one of the best in folks. It’s additionally scarred by examples of the alternative. COVID-19’s arrival and corresponding financial shock have given rise to a number of scams. But you may discover ways to spot the telltale indicators of every grift and keep away from falling sufferer.

How to Get Affordable Mental Health Treatment & Therapy on a Budget – Living by means of a world well being disaster can take a toll in your psychological well being. Fortunately, there are methods to get assist even when you’re brief on money. Don’t battle alone; try these remedy choices.

16 Charities and Nonprofits Providing COVID-19 Relief (Highest-Rated) – The one-two punch of the pandemic and recession has precipitated widespread struggling, as folks fear about their well being and funds concurrently. You will help by donating to considered one of these prime charities for COVID-19 reduction.

How to Support Small Businesses During the Coronavirus Pandemic – Social distancing is inflicting many small companies to shut or cut back. That means there’s now much less money going again into native economies. Thankfully, if you wish to help native business house owners whereas complying with social distancing, there are nonetheless loads of choices obtainable.

Deals & Discounts for First Responders – First responders and important employees are the glue that holds society collectively, significantly in instances of disaster. Many American companies acknowledge how vital they’re and are giving reductions to assist throughout the COVID-19 pandemic.

How the COVID-19 Pandemic Will Permanently Change Society & the Economy – One factor concerning the ongoing COVID-19 pandemic is already clear: It has dramatically modified societies and economies the world over. Many adjustments will outlive the pandemic, although to what extent is dependent upon the eventual length and toll it takes. Which ones will influence your life essentially the most?

Final Word

The future is unpredictable in one of the best of instances, and these are actually not one of the best of instances. While extra of the inhabitants will get vaccinated and a few areas of the world start to return to “normal,” different areas are nonetheless combating surging an infection charges. And the potential of new variants continues to concern scientists and residents alike.

We right here do know one factor for certain: We’ll preserve abreast of the most recent developments and proceed to answer essentially the most pressing questions on the intersection of COVID-19 and personal finance.

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