The coronavirus is having a major impact on the economy with businesses shutting down and people losing their jobs. Financial experts are still saying now is the time to think about managing your money and investing.
Bestselling author, speaker, and financial mentor, Loral Langemeier said, “Who do you want to be at the end of this? You could be the person who walked into this and you were survival and you lived paycheck to paycheck, but you could walk out of this a millionaire.”
Because everybody’s financial situation differs, Langemeier says you can ask specific questions and talk to experts by joining Millionaires in Training on Facebook. People can get guidance from financial experts that specialize in different needs. Langemeier and her team of financial experts based in Carson City held a live stream event to answer money questions surrounding COVID-19, on Wednesday.
Langemeier says even a time of crisis can be an opportunity if you get creative and use your skillset.
“You’re laid off? Like, welcome to being an entrepreneur. Like, god, welcome to freedom!” said Langemeier, “You have no distraction. You can’t even say I gotta run kids around to sporting events. You have no freaking excuse but to get to the playing field and learn.”