Making these 2 lists can help you save cash and make ends meet, according to a behavioral economist.
"Covid-19 is going to be with us for a while," Ariely says. "We should start saying Covid-19 to 21 like we did with the financial crisis 2007-2008."
"If you're fired, it's harder to make a plan because you're under a lot of stress," Ariely says. "It's better to make a plan now and be ready if things get worse." The best first step you can take right now is to prepare yourself, even if that simply means writing lists. The next step is to consider what you have saved and if you need to spend it.Though the objective of a savings account is to let it grow over time so you can tap into it later when you most need it, that may change given people's dire circumstances, and that's OK.
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