News From Press New rules of personal finance: How COVID has changed income, spending, saving, investing

New rules of personal finance: How COVID has changed income, spending, saving, investing

Risks to income are the most significant. The migrants struggling to get home have lost their livelihood. It is unclear if they will find work in their villages; it is unknown if there are better times ahead when they will comfortably travel back to cities for jobs.

Economic Times May 25, 2020

As we switch from fear to a gradual state of restart, the questions about family finances after Covid-19 are stark. The going is too tough for some families, and easy for the fortunate. But the recast view of income, spending, saving and investing is tough to miss. Those four pillars of household finance have changed drastically.

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