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Speaking from Franklin, Tenn., on “Fox & Friends” on Thursday, Ramsey Solutions personal finance experts Rachel Cruze and Ken Coleman answered your financial questions related to the coronavirus pandemic.
Question: I lost my job. What financial moves do I need to make immediately?
“The first thing I want to do is, I want to encourage you that just because you lost your job, your dream, your career hasn’t disappeared,” Coleman said. “So you’re going to have to prioritize right now.”
“This is about meeting the four basic needs. This is about your home, this is about your transportation, this is about your utilities and this is about food, and so what I want you to do is get a job,” he continued. “There are jobs that are exploding in certain industries, while we’re seeing others contract.”
He noted that pharmacies, grocery stores and delivery services…