The U.S. government has signed the $100 billion coronavirus aid bill and the $2 trillion dollars stimulus package which aids its citizens financially in the span of up to 6 months if still needed.
White-collar workers are those who work at a desk, commonly doing office-related jobs. During the shutdown of offices, their company might have given them their complete salary. If not, the
coronavirus aid bill as well as the
stimulus package will cover it should they meet the requirements needed.
Blue-collar workers are those who most likely engage in manual labor in agriculture, manufacturing, construction, mining, or maintenance sectors. They will be compensated by the bill and the package also during the lockdown. Should they get sick due to the pandemic, the US government has allocated funds for their sick and/or emergency leaves.
Sure the US government will give financial aid for up to 6 months, but that’s just it. Once you open your eyes every morning, there’s an expense waiting to be paid. And not paying them immediately will lead to bigger problems like high interest rate, financial charge.
How do you prepare your finances for what is to come? Here are ways that will help you pay off your bills sooner.
