Enjoy life more with less money stress.

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Wealthtender
 

Good morning, home team. 

And good news! Today, we're one day closer to life returning to normal. And tomorrow we'll be closer yet. ⌚

Little rascal thumping table with fingers
 

But as they say, a watched pot never boils, so let's stop watching the clock and instead learn ways we can cope with corona to come out stronger on the other side. 💪

 
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💰 Earn Extra Money 💰

If you're facing a coronavirus cash crunch, consider the ideas in these articles to put a few more bucks in the bank.

Tutor & teach. With social distancing becoming the new normal, many online tutoring platforms may see an influx of new applicants requiring more paid tutors (Idea #12). And new platforms offer the perfect solution for the work-at-home job seeker with experience to share (Idea #6). Or consider 10 other ideas. [I like to Dabble]

Surveys & Surfing. Cover the cost of your Netflix bill each month by using this search engine instead of Google to surf the web (Idea #3). If you're already sharing your opinion on Facebook with friends, why not get paid for completing surveys to let brands know what you think? (Idea #5). Or choose from 18 other ideas. [Financial Wolves]

📈 Smart Investment Moves 📈

Don't let the markets ups and downs get the better of you. Consider these words of wisdom.

Panicking. ...That’s how we solidify a loss. Investing is very much an endurance sport. The way we solidify a loss is if we freak out and sell now. If we don’t sell, when the markets come back up, our money will come back as well. [The Frugal Physician]

Have a plan. ...Markets are made to go up and down, it gives us excitement and fear. But history has shown, through virus outbreaks, world wars, and market bubbles, things resume to normal.  [Wealthtender]

Paper losses. ...In the 2008 recession, how many companies went bankrupt? A few for sure, General Motors and Lehman Brothers come to mind, Bear Stearns was acquired by JPMorgan Chase or it would have. Several companies received federal loans (aka bailouts), which saved them. The point is, very few companies actually folded, resulting in total losses. The rest of the companies went down in value, then came back and the investors who held their shares experienced a large paper loss on statements, but when it came back, so did their account and share value. [Telos Financial]

Nada. ...I won't tell you what you should do, but I'll tell you what I am doing and what rational investors are doing in response to the Coronavirus; Absolutely nothing. [Ben Le Fort]

👪 Bringing out the Best of Us through Hardship 👪

If keeping your friends and coworkers 6 feet away while your children are never further than 6 inches apart is driving you mad, consider these ideas to improve the spirits of mom and dad.

Finding joy. ...I sent care packages to two strangers who were sheltering in place with kids. While I know that there are so many people who are in need at this time, there was something exciting about helping an actual person. [Government Worker FI]

Keeping the kids entertained. ...I have been self quarantining because of recent travel. As luck would have it, I had previously scheduled to be off during this time frame. So, my toddlers and I have been having some serious bonding time. A part of me is loving the extra time with them during this calm before the storm. Here are a few ways I have been keeping them entertained while trying not to lose my mind! [The Frugal Physician]

 

THAT'S A WRAP! 🎬

Each week we'll be back in your inbox with ideas and insights to help you enjoy life more with less money stress. Don't want to wait until next Friday to spend more time with us? Visit us anytime at wealthtender.com! 

 

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