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Managing Personal Finances During Coronavirus (COVID-19)

As we are all experiencing firsthand, the spread of COVID-19 has changed the global landscape, affecting our financial, professional, and social environments. The sudden disruptions caused by this public health crisis are presenting economic challenges with growing repercussions. While some factors affecting financial well-being are beyond individual control, financial knowledge can help people better manage their finances through times of hardship and times of prosperity. On this page, GFLEC offers suggestions and resources to manage our personal finances and buffer ourselves against the financial emergency caused by COVID-19.

Ten Suggestions to Manage Money in the Time of Crisis

Additional Information

There is an urgent need to take action to improve financial resilience. One way to do this is to increase the availability of research-based financial education tools and programs. GFLEC believes in building financial resilience as a way to help people, organizations and nations recover and prosper. Contact Kristen Burnell at kburnell@gwu.edu to learn how our advising, research, and evaluation expertise can help your clients, employees, and community.

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