COVID-19 How to Manage your money during a CRISIS

COVID-19 has jeopardized most of our lives. Businesses are struggling. Markets are crashing. We cannot predict what will happen in the future.

In a time like, the best thing to do is prepare for the worst. If you have no idea what to do with your money, follow the steps below.

1. Go to an emergency protocol

2. Create an emergency fund

3. Cut down your expenses

4. Delay bank loan, lease and credit card payments

5. Start thinking of different ways to make more money

 

RESOURCES & LINKS MENTIONED IN THIS VIDEO:

How to create an emergency fund – https://jump.lk/emergency-fund/

Sri Lankan Government Concessions for COVID – 19 –https://www.newsfirst.lk/2020/03/23/p…

How to start investing in Sri Lanka – https://jump.lk/investing/

 

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WHAT IS JUMP?

https://jump.lk is a website that’s helping Sri Lankans to Jumpstart their lives. If you want to start your own business, learn about personal finance & investing and ultimately create a meaningful life, check out www.jump.lk. Don’t forget to subscribe to our channel for more videos just like this. If you know anyone who is dreaming of starting their own website in Sri Lanka, share this video with them. You might be doing them a favor!