Coronavirus Cash Crisis: How Should I Set My Pandemic Budget?

Coronavirus Cash Crisis: How Should I Set My Pandemic Budget?

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video tutorial emphasizes the importance of focusing on essential expenses such as housing, food, and medical care while eliminating unnecessary costs. It advises documenting all expenses, including housing, transportation, and utilities, and suggests paying the bare minimum on debts to preserve cash, especially during income reductions. The tutorial also recommends reviewing credit card and bank statements from the past three months to identify and differentiate between necessary and non-essential expenses, allowing for informed financial adjustments.

Read more

1 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

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

Evaluate responses using AI:

OFF