Post-Pandemic, Time to Re-Assess Your Personal Finances

Selling an investment is a very important part of managing your portfolio. Fotolia

For two years our nation has had to adapt to an entirely new reality. From social distancing to keeping our sanity while sheltering-in-place, virtually every aspect of our lives has been affected, with new and different ways of social interaction, school, work, and entertainment.

The pandemic started with a shock; our nation shuddered to a stop. Almost no cars were seen on the roads, a few brave people moved carefully through the grocery store aisles, keeping safe distances, while many others had their food either delivered or picked up curbside so they could scurry back home to safety.

Government Help

Government came to the rescue. From the CARES Act to multiple stimulus checks, enough money came in to prevent many of us from suffering serious economic harm. We could eat, and if the assistance wasn’t enough to pay our bills, the debt forbearance program allowed us to forestall making monthly payments for rent, vehicles, student loans, and credit cards. In fact, so much help was provided that many of us were able to sock away more savings during the pandemic than we had before the virus arrived.