Episode Details

If you are just joining my podcast, I am grateful to you for being here.   During this pandemic, I decided to go on video live in front of an audience to talk to people and check in.  I am also talking to other people to share how they are coping. You can be a part of the show Monday-Friday 8pm EST by following me on Periscope, Facebook or Youtube. If you enjoy the content and want to support me via  https://www.patreon.com/CelesteTheTherapist 

During todays episode, I am joined by a previous guest Nicholas Josey.  Click here to hear his story .  Click here to follow him on Instagram 

He gave us some financial tips that can help us during this pandemic.  

1. Sit down and take inventory.  We have to take a pause to find out what are essential needs are?  

2. If we feel that we are unable to pay some of our debt, we then need to reach out to creditors. It is better to call because most creditors have programs but, they will not reach out to you to implement them. 

3. If you have a 401k or something similar, you can take out up to 100,000 without any penalties. You will need to take out federal and state because that will be considered income

We then discussed these important five key areas. 

1. Savings

2. Have all your insurances

3. Investments

4. Put money away for retirement

5. Estate plan

You can learn more about these 5 key points and so much more now.