“Save your coins sis, we are living in unprecedented times.” – Coach D
April is Financial Literacy Month. Discussing finances, budgeting, savings strategies, wealth building, business growth, and economics one of my passions.
I’ve observed that many families struggle with personal financial management. It is my goal to use my experience and personal journey to help families practice financial stewardship and to better understand basic money management.
In today’s post, I’d like to emphasize the importance of savings. We are living in unprecedented times as the world navigates through the COVID-19 pandemic. I encourage you to hunker down and save. Now is not the time to spend money on non-essentials. Now is not the time to make extravagant purchases. Sis, now is the time to save your coins.
My message to you today is not to scare you or insight fear but to provide a gentle push for you to focus on building your emergency fund and sinking funds. No one really knows the depth of financial impact this crisis will yield. What we do now is that times are hard, industries have been hit hard, and unemployment is at an all-time high.
I recorded this video back in May of 2019, almost a year ago! The content is super relevant today. I shared 5 practical tips and strategies you can implement immediately to help you save money. Take a listen and kick start your money saving journey.