Sunday MagazineHere are some tips on how to set up emergency funds for bills during this Covid-19 pandemic. Lives are on hold all over the world as we distance ourselves socially to contain the coronavirus, but bills still pile up. Now is not the time for lectures on the value of having an emergency fund. Assess the damageSEE ALSO: A coronavirus emergency plan for paying your billsFirst thing, Lowry said: “You have to face your numbers.” Do not think of this as budgeting, because the situation is changing so fast you cannot really think long-term. This goes for home loans, auto loans, student loans and utility payments.

Source: Standard Digital May 31, 2020 07:07 UTC