With many Americans having used up their short-term savings during this current economic standstill, what do you do when you no longer have an emergency fund?
1. Know your budget
2. Manage short-term debt
3. Liquidate non-essential assets
4. Consider your investments
With Melanie Ross from NCA Financial Planners
Aired 7/15/2020 WTAM AM 1100
Securities offered through Royal Alliance Associates, Inc. (RAA), Member FINRA/SIPC. RAA is separately owned and other entities and/or marketing names, products or services referenced here are independent of RAA. RAA does not provide tax or legal advice. In this regard, this communication is strictly intended for individuals residing in the states of AK, AL, AZ, CA, CO, CT, FL, GA, IL, KS, KY, MA, MD, ME, MI, MO, NC, NH, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, VA, VT, WA, WI and WV. No offers may be made or accepted from any resident outside the specific state(s) referenced. To learn more about the professional history of our financial advisor(s), please visit: brokercheck.finra.org/