Still employed? Focus on savings and debt


Kelsey Sheehy NerdWallet
Published 5:16 p.m. ET May 10, 2020

The coronavirus pandemic has thrown tens of millions of people into financial turmoil. But not everyone is feeling the pinch. Not yet, at least.

Roughly a quarter of Americans (24%) said the coronavirus crisis has not impacted their financial situation, according to a survey conducted April 10-12 by J.D. Power. But that figure could change as more companies cut salaries, halt 401(k) match programs and announce layoffs while they struggle to adjust to the new normal.

“It is still important for those of us that are employed during this pandemic to understand our financial health,” says Dan Slagle, a certified financial planner who co-founded Fyooz Financial Planning LLC in Minnesota with his wife, Natalie. “Just because you are employed (now) doesn’t…



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