Many financial experts are sharing bad money advice, especially encouraging people to go into more debt if they lose their jobs due to the coronavirus crisis.

But the last thing you need is to get deeper into credit card debt. There is an unprecedented amount of help being offered, for instance, relief in the form of extra unemployment payments, stimulus checks, student loan payments deferment.

Also, banks and utility companies are working with clients to make arrangements for those you lost their incomes.

So, instead of getting into more debt, follow this plan to survive a layoff or furlough without getting deeper into debt.

For my step-by-step guide, visit my blog at https://www.yezminthomas.com/bad-money-advice-during-the-coronavirus-crisis/

Believe it or not, after our mortgage groceries are the second-highest expense in our budget. So, how much should you be spending on groceries for your family? In this episode, I give you guidelines and also share the resource that I use to save money grocery shopping.

For more information on my Smart Grocery Shopping and Meal Planner visit https://www.yezminthomas.com/groceries

Are you spending too much money on rent, food, or gas? These are great recommendations to figure what percentage of your income should go to what expenses.

For a detailed breakdown on my recommendations, check out my blog post at https://www.yezminthomas.com/what-percentage-of-your-income-should-go-to-what/

Also, for my training on how to save money on groceries and to get my Smart Grocery Shopping Toolkit visit: https://yezminthomas.net/smart-grocery-shoppping-cart

Do you think your children would be better off if they had the option to do life without getting into debt? With the student loan crisis, this could be the best info for them.

In this episode, I share with you three principles that you can teach your teenagers to never get into debt. I am certainly teaching that to my kids and I wish somebody would have taught me that long time ago.

Are you feeling confused about the path you need to take to achieve your big goals? In this episode of the Smart Finances Podcast, I share with you the one technique you need to apply today to get clarity in your life.

Download my free freedom journal and jump-start your journey to financial freedom>> https://www.smartfinancespodcast.com

My ultimate goal to reach the next step in my financial freedom journey is to pay off the house. In this episode find out how much we still owe, and what we need to do to pay it off in five years instead of 15 years.

And if you are ready to take your financial freedom journey seriously, come and join my Smart Dollar Challenge. I will help you jump-start and lay the foundation for a great financial future.

More: https://www.smartdollarchallenge.com

What does it mean to be financially free? For everybody, it has a different meaning. For me, it is becoming self-employed by running a successful business and paying off my house so that I can be 100% debt-free.

That is my definition of financial freedom.

What is yours?

Establish and keep track of your goals by downloading my free freedom journal at https://www.smartfinancespodcast.com

The other day I was asked a great question. How do I find a balance between my credit card purchases, my cash purchases, and my debt? In this episode, I reveal the secret to keeping a balance and increasing your financial well-being.

Are you ready to jump-start your freedom journey? Then you should totally join me in the Smart Dollar Challenge. Get the information, tools and coaching you need to reach your financial goals. Sign up today and take advantage of our early bird pricing and incredible bonuses!