Community Center

Sponsored | How to Manage Your Finances During Times of Emergency

During the coronavirus pandemic we cannot let our guard down in terms of safeguarding our physical, emotional, and financial health. We have been in a pandemic emergency for several months and it’s time to review the family financial plan that we have put in place to see what has worked and what   must improve. Finanzas en Tus Manos, Popular’s financial education program, shares some best practices on managing money during times of emergency. Review your insurance Read the conditions on your insurance policies’ contracts, paying attention to the coverage provided by your health plan. If you have questions, call your insurance provider or agent to review the details of your coverage and the items, deductibles and copays that come out of your pocket. Rationalize your purchases Buying products can create a sense of security to counter feelings of uncertainty. However, that apparent sense of security can lead us to buy compulsively or fueled by panic, a strategy that we must avoid. I...