#042: $hooting the Financial $hit: Life in Quarantine

For about two months now, the Talk Wealth To Me team has been working remotely as part of the global effort to lessen the transmission of the highly-contagious coronavirus. 

With stay-at-home orders still in effect for most of the U.S., many Americans continue to find ways to entertain themselves from within the confines of their home. Others of us are working remotely from home while simultaneously trying to ensure our kids are learning and meeting virtually with their teacher at the correct time. With this increased reliance on internet and electricity, some of us may have been a little surprised to see just how much some of our bills increased recently.  

Thankfully, there is help:

Federal Communications Commission’s “Keep Americans Connected Pledge.” For the next 60 days, these companies promise not to terminate service and will waive late fees caused by the coronavirus pandemic. They are also opening their Wi-Fi hotspots to any Americans who need them.Some state and city regulators across the U.S. have started directing utility companies (gas, water, and electric) to suspend shutoffs for customers struggling to pay their bills. Contact your utility company and negotiate relief before your bill is due if you’re experiencing hardship as a result of COVID-19.

What other financial relief options are available to those with a mortgage? Student loans? And what about protections for your credit report?

We'll chat about this and check-in with Felipe, Chase, and Katie to see how it's going for our team at home. 

To learn more about DebtWave Credit Counseling, visit our website or connect with us on Facebook, Twitter, Instagram, and LinkedIn.

To learn more about the San Diego Financial Literacy Center, visit our website or connect with us on Facebook and Twitter.

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