RAHKIM SABREE
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1/11/2019

#FinancialFridays "Managing your Finances during a furlough"

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As of today's date the government shutdown is on day 21. Day 21! That's 21 days that many government employees haven't been paid. The US Coastguard recently recommended via a tip sheet that Step 4  of a 7 Step plan to manage finances during a furlough involving supplementing your income should be focused on. Tips on supplementing your income included: 
  • Having a garage sale
  • Offering to watch children, walk pets or house-sit
  • Turning your hobby into income
  • Becoming a mystery shopper
​While these measures are specific to the mess of politics impacting the pockets of many government employees, I can't help but to encourage those who aren't impacted directly to take heed of these quick tips to stay ahead of the curve in the event of an untimely interruption to your income. In addition to the strategic paying yourself first concept I drive with #the10percentchallenge movement I started on Instagram, it's time to embrace a more aggressive mindset and approach to protecting our money and self educating on financial literacy. 

The tip sheet has since been removed.

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www.washingtonpost.com/national-security/2019/01/09/coast-guard-families-told-they-can-have-garage-sales-cope-with-government-shutdown/?noredirect=on&utm_term=.dbc06f966e30

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