Financial Friday Round Up: March 30 – April 3, 2020
This week, Financial Friday Round Up continues to be dedicated to resources for adapting to a world that’s adjusting to COVID-19. Click any of the links below to find information for the self-employed, tips from a hermit on self-isolating, guidance on annuities in times of market turmoil, and a podcast conversation with a renowned economist on this global situation.
This article reiterates the importance of emphasizing annuities in times like these, primarily due to three distinct features: guarantees, predictability, and stability (or GPS). Read on for a reminder of the value of annuities and a few talking points you can take away as well.
The National Association for the Self-Employed has built a great resources page on all things you need to know as a self-employed worker in the times of COVID-19. Bookmark this page for easy access to city- and state-specific resources, information on the Paycheck Protection Program, and guides for small business owners.
The Governor’s Office of California is providing a similar index of resources for any agents working out west, including guides to self-isolating, workforce support for businesses and employees, and guides to financial and technical assistance for small businesses.
Billy Barr has been living in alone in a cabin in the Rocky Mountains for many years and can go weeks at a time without seeing another human face. Rae Ellen Bichell asked him for five tips for surviving isolation with your wits intact, and he delivered wisdom like “keep track of something” and “keep a routine” in this light piece about the endurance of the human spirit.
James Altucher recently brought economist Tyler Cowen into his podcast studio to get his expertise on the world economy in the wake of Coronavirus. They talk about the stimulus package, the job market, supply and demand, and how we can get back to work. Their main piece of advice? “Prepare, don’t panic.”
Check out our other Financial Friday Round-Up posts for more great reads!