Now is a good time to plan your emergency budget

Now is a good time to plan your emergency budget

THE REBOUNDBUFFALO IS HELPINGYOU NAVIGATETHROUGH THISPANDEMIC.AND THE COVID-19CRISIS HASHIGHLIGHTED THENEED FOR FAMILIES TOHAVE AN EMERGENCYBUDGET.7 EYEWITNESS NEWSREPORTER ED REILLYIS WORKING TO HELPYOU AND YOURFAMILY... MAKE ENDSMEET.: "WELL THE MONEY ISRUNNING OUT"THE COVID-19 PUBLICHEALTH EMERGENCYIS THROWING MANYPERSONAL BUDGETSINTO CHAOS.AND PEOPLE LIKEMICHAEL ZAWIERUCHAFROM SLOAN AREFINDING THATGETTINGUNEMPLOYMENTBENEFITS AREANYTHING BUT EASY."THIS IS EVEN LESSEFFICIENT THAN ITWAS WAS UNDER THEOLD SYSTEM"THE CRISIS IS ALSOSHINING A SPOTLIGHTON THE FACT THATMANY AMERICANS DONOT A HAVE ANEMERGENCY BUDGETPLAN.ACCORDING TO THEFEDERAL RESERVEBOARD .

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.40% OFAMERICAN DID NOTHAVE ENOUGH TOCOVER $400 INUNEXPECTEDEXPENSES."LEARNED THE HARDWAY THAT SOMETIMESYOU HAVE TO LIVEWITHIN YOUR MEANS"JENNIFER LIVERMOREFROM DEPEW IS ONEON THOSE WHOCOULD HAVE BEEN INA TOUGH SITUATION ASSHE HAD GOTTENHERSELF INTO DEEPCREDIT CARD DEBT.BUT BEFORE THECRISIS BEGAN .

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.JENNIFER WORKEDWITH THE CONSUMERCREDIT COUNSELINGSERVICE OF BUFFALOTO GET HER BILLS INORDER AND PUTMONEY AWAY FOR ANEMERGENCY."IT IS VERY SCARYWHEN YOUDON'T HAVEYOURSELF SET UP TOBE FINANCIALLYINDEPENDENT"THE RESULTS AREPAYING OFF DURINGTHE PANDEMIC.JENNIFER'S ADVICE TOPEOPLE SITTING ATHOME - TAKE STOCKOF WHAT YOU REALLYNEED AND DON'T NEEDTO BUY .

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MAKESAVING A PRIORITY."JUST MAKE SUREYOU HAVE ANOTHERSAVINGS SET UP ANDDON'T SPEND YOURMONEY FOOLISHLY""WE DONT; KNOWHOW LONG WE WILLBE OUT OF WORK ORCONTINUE THISSOCIAL DISTANCINGAND THE IMPACT ITWILL HAVEFINANCIALLYFOR THOSESTRUGGLINGFINANCIALLY...CONSUMER CREDITCOUNSELING ISOFFERING FREEFINANCIAL CHECKUPSAND GUIDANCE FORBUILDING ANEMERGENCY BUDGET.IT CAN ALSO HELP YOUNAVIGATE THROUGHTHE MANY COVID-19FINANCIAL RELIEFPROGRAMS NOW OUTTHERE - BECAUSE THEFINE PRINT COULDSURPRISE YOU."SO YOU COULD GOTHREE MONTHSWITHOUT MAKING AMORTGAGE PAYMENT,WITH AN AGREEMENTWITH YOUR SERVICER,BUT YOU MIGHT OWETHE FULL AMOUNTONCE THAT THREEMONTHS IS OVER: "AND A BIG CHANGETHIS WEEK, THE 3MAJOR CREDITREPORTING AGENCIESWILL NOW ALLOW YOUTO GET A FREE CREDITREPORT WEEKLY.THAT IS TO MAKE THATIF YOU DO HAVE AFOREBEARANCE FORSOMETHING LIKE AMORTGAGE, THAT IT ISBEING REPORTEDCORRECTLY AND NOTTHAT YOU AREDELINQUENT.

EDREILLY 7 EWN