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Financial Literacy a priority during pandemic

April is a month to recognize financial literacy, and some important questions or concerns have become more urgent since the beginning of the pandemic. One way to stay ahead of potential issues that may arise in the future is to have a solid understanding of where you are financially and keeping a good budget says Money Management Counselors Executive Director Leslie Boden.

 

 

Boden says there aren't too many surprises financially since the COVID outbreak began, but people have had to address issues that were brewing pre-pandemic. Boden understands stimulus checks can help, but also acknowledges that they aren’t permanent. 

 

 

Boden also stresses tailoring each person’s plans to them specifically as everyone has different needs and circumstances. One of the biggest generational differences Boden sees in clients is younger generations moving to paperless banking and app usage, whereas older generations tend to prefer a paper trail that is more tangible. 

 

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