How to Survive an Unemployment Crisis (COVID-19)

The video discusses financial challenges during quarantine, emphasizing the need for an emergency budget. It guides viewers on categorizing expenses, adjusting discretionary spending, and managing essential costs. The importance of cash management and seeking relief from lenders is highlighted, along with avoiding drastic financial measures.

What is the first step recommended for creating an emergency budget?

Why is it important to gather data from the past when creating a budget?

What are some discretionary expenses that might be cut from a budget?

How can maintaining a few small splurge items be beneficial during a financial crisis?

What is the significance of reaching out to lenders and utility companies during a financial crisis?

What should you do if you have cash set aside during a financial crisis?

What should you prioritize paying for if you are in survival mode?