As the head of an organization that teaches about personal finance, I thought I would take this opportunity to share some thoughts about managing your personal finances at this time. Big thanks to Herb – my dad – who taught me a lot about managing my finances and had good advice for many. 1. Rethink your budget. Especially important if your income may diminish for a while. And, depending on your work circumstances, you […]
Annamaria Lusardi is the Denit Trust professor of economics and accountancy at the George Washington School of Business.