There’s no doubt that many of us have found herself in a new situation. Now that we have had this whole Coronavirus predicament, many of you are working from home. And some of you may not be working at all. For those of you who are not, we’re praying for you, and we hope that everything gets better in time. And, of course, we want to get this economic engine known as America’s capitalism back up and running. But until we do, I want to remind you it is very important to do the things you typically do. Money Monday #3 will discuss why it is time to get your budget started or back on track. And you can get free budget help in our virtual class.







Money Monday #3



Thank you, Dr. Harrison, for that warm introduction. I am David L. Marks, the Pontificator of Common Sense and your coffee connoisseur. I hope that you’re still doing the daily routines that you typically do. That being said, I wanted to give you a very special opportunity right now. Because we want you to make sure that you’re maintaining the daily things that you’ve been doing the whole time. Even though the country is shut down, even though you may find yourself working from home, or some of you may not find yourself working at all.



And as I said in the opening, for those of you who are not working, we are praying for you, and we’re glad that there’s assistance coming your way. But the daily routines that we do in the week, maybe some may do it even monthly, is to keep a monthly budget of your expenses. You know, I would not be honest with you if I didn’t tell you that living on the budget is one of the biggest financial priorities I believe that we have. If you’re not currently on a budget, and you are college-age kids or a family. It could even be if you’re retired right now.



A Budget is Necessary



A budget is very necessary for you. So maintaining a budget and living by that budget is very important. I saw a post today where it had a picture of Dave Ramsey, and I thought this was quite humorous. I will share it with you. The picture stated that it didn’t seem so crazy of this person, being Dave Ramsey, who advised us to have a six-month income in savings in case of an emergency. Well, some of you have found yourself in that emergency right now.



Granted the government has given stimulus money and they’re trying to help ease that burden of that hard punch that you’re taking financially right now. But at the same time, it is important that we be responsible for ourselves. I’m all about personal responsibility. That being said, a monthly budget helps you stay on track with your expenses. It keeps you from just going hog wild in a time like this when you want to buy tons of supplies. But at the same time, it also gives you a buffer. If you do want to stockpile just a little bit. It allows you to do so.



Keep Investing Your Money



I want you to keep putting money in the market. I know what you’re thinking. The market’s doing terrible, and it’s going to be a while before we see some strong gains. But when this economic engine cranks back up and when it’s it’s primed, I feel like people are so ready to go back to work. But when this economic engine cranks back up and it gets running again, I feel like that you’re gonna be thankful that you did put some money in the market. So be sure that you do so.