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Coronavirus Cash Crisis: Should I Keep Paying Down My Debt?

Coronavirus Cash Crisis: Should I Keep Paying Down My Debt?

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses strategies for managing debt during the pandemic, emphasizing the importance of covering minimum debt payments due to the uncertainty of when normalcy will return. It advises against accelerating debt payments unless one has a stable job and a healthy emergency fund. The video also highlights the need to understand the specifics of debt payments, such as whether payments go to the principal, to make informed decisions based on one's financial situation.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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