Shiela D. Pitoy BSBA MKT-3C 6-10.docx - Pitoy, Shiela D....

Pitoy, Shiela D.
BSBA/MKT-3C
PROF: VICTORIA VAGTAS
Week:1 Managing personal finance during the Covid-19 pandemic.
This is my reaction paper:
So the pandemic impacted all of us one way or another and the sudden effects of this
pandemic health crisis and presenting the covid 19 pandemic or money challenges that
effect in the short term and the long term.
As we are all experiencing firsthand, the spread of COVID-19 has changed the global
landscape, affecting our financial, professional, and social environments. The sudden
disruptions caused by this public health crisis are presenting economic challenges with
growing repercussions. While some factors affecting financial well-being are beyond
individual control, financial knowledge can help people better manage their finances through
times of hardship and times of prosperity. means having financial security and the freedom
of choice in the present and in the future. The economic implications of COVID-19 are
adding more uncertainty to the already precarious financial situations many Mississippians
find themselves in. This toolkit provides information and resources to help individuals and
families stabilize and improve their financial well-being as they weather loss of income and
declining asset values. It is also intended to help consumers protect themselves now and
position themselves for a stronger financial future.
Weekly Assessment tasks:
1. Disscuss the characteristics and habits for success in personal finance?
• Your budget is the key to achieving the rest of your plan.You should keep contributing to
long-term goals, like saving for retirement, no matter what your financial plan stage is.