Coronavirus (COVID-19) Ask A CFP: How Do I Manage My Finances During COVID-19? Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Annemarie Belda Published Apr 17, 2020 - [Updated Apr 21, 2020] 3 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. “What do the stimulus checks mean for me?” “Is it wise to start investing during this time?” “Should I dip into my emergency fund or use the money from the stimulus package?” With new announcements and relief efforts that have been put in place, it’s perfectly normal if you don’t have the answers to these questions just yet. We want to help you understand your options when it comes to managing your finances during this time of uncertainty. Last week, Brittney Castro, Mint and Turbo’s Certified Financial Planner, hosted her second Instagram Live with us to answer your top financial questions. Watch below. https://blog-mint-com-prelaunch.go-vip.net/wp-content/uploads/2020/04/MINT-IG-LIVE-APRIL-72020.mp4 Looking for the answer to a specific question? Check out these timestamps to get the answer right away! 3:32 – What is the new 2019 IRA contribution deadline? 4:18 – Is now a good time to buy stocks? 5:45 – Is it a good time to contribute to a ROTH IRA? 7:07 – Should I still be contributing to my retirement fund? 7:54 – I’m nervous about losing my job. Should I change my contribution level to my retirement account? 9:25 – Should I refinance my condo if I bought it in 2018? 10:45 – How do I make money during this COVID-19 times? 12:12 – I want my money to grow. There must be opportunities out there, what are they? 13:59 – What’s the best way to invest? Right now, or after the pandemic? 15:00 – How can those without jobs make sure we are financially secure for now? 15:40 – If I lose my job, do I lose health insurance? 15:51 – Do I have to pay rent? 16:12 – Should I take advantage in paying down any of my loans? 17:06 – What’s the most efficient way to use my money from the stimulus package? 18:09 – If I have more in my savings account, than I do in my student loans, should I just fully pay off my student loan? 19:12 – Will I have to pay back the money I get from the stimulus? How do I know if I qualify? 19:52 – Should I dip into my emergency fund first, or use the stimulus package money? 20:45 – I’m worried about how long this pandemic will last – how can I build an emergency fund? 21:20 – I lost my job – how much should I take out of my emergency fund? 22:10 – To build credit, is it bad to pay your credit card balance in full every month? 22:46 – When and where is a good time to start investing in stock? 23:50 – Should I spend my stimulus check on myself? I want to buy a computer. 24:15 – What are your thoughts on saving vs. investing? 25:01 – What are good books to read regarding personal finance and investment? Feeling nervous about your finances during this time is common, and we want to remind you that you’re not alone. Tap into the @Mint community on Twitter or find cost-free resources on our growing hub. Minters, you got this. We’ll get through this, together. Sign up for Mint today From budgets and bills to free credit score and more, you’lldiscover the effortless way to stay on top of it all. Learn more about security Previous Post How to Create an Emergency Budget to Deal With COVID-19 Next Post The 6 Biggest Financial Mistakes People Make When Everyone is… Written by Annemarie Belda Annemarie Belda is the communications manager for Intuit Mint. She is passionate about helping readers achieve their financial goals from starting a savings account to financial freedom. More from Annemarie Belda Follow Annemarie Belda on Twitter. Browse Related Articles Mint App News Intuit Credit Karma welcomes all Minters! Retirement 101 5 Things the SECURE 2.0 Act changes about retirement Home Buying 101 What Are Homeowners Association (HOA) Fees and What Do They Cover? Financial Planning What Are Tax Deductions and Credits? 20 Ways To Save on Taxes Financial Planning What Is Income Tax and How Is It Calculated? 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