Six months into this pandemic you still have a good paying job and you’ve actually built up your savings account. Should you continue to save or are there some better alternatives?
You are among the fortunate ones who have weathered this pandemic, at least financially. It’s nice to have a savings account that continues to grow, but it’s not earning any interest. Should you do something else with that money now and how should you decide? A recent article I just read offered some advice. A first priority is an emergency fund that can cover three to six months of expenses, should you happen to lose that good job.
If you’ve already achieved that, then you should consider investing, either in real estate, for retirement, or to achieve a more near-term goal. While a life coach might help you set your priorities, you may also benefit from working with a professional financial advisor. I can recommend several.
Dave Hunt is a certified professional coach, experienced mediator and teacher. With a background in corporate finance and business development, he has 40 years of experience in identifying and achieving goals. Specializing in finances and relationships, Dave helps people figure out what they need and develops a customized plan to achieve it.