It’s Time to Tighten Your Financial Belt

By Madeline Cheney
The economic impact of COVID-19 continues to be felt around the world. This April, the unemployment rate increased
by over 10%, causing significant financial hardship to millions across the country. Coupled with the fact that 69%
of Americans have less than $1,000 in a savings account – despite savings accounts being the preferred way to save
money – the rapid unemployment spike is a significant cause for concern.








