Navigating Financial Anxiety and the Coronavirus Stimulus Package with Financial Advisor Christopher Girbes

Published: March 30, 2020, 7:02 p.m.

b"In light of current world events, many people are experiencing abrupt financial insecurity. Whether going from one or two incomes down to one or none, or owning a business directly impacted by COVID-19, millions of individuals are experiencing significant stress around finances. Financial anxiety is one of the top reasons for chronic stress, but it doesn't have to be.\\n\\xa0\\nOn today's episode our host, Dhru Purohit, talks with Christopher Girb\\xe9s, a Certified Financial Planner and a Partner at AdvicePeriod. They talk about the details of the Coronavirus Relief Bill, who will be getting the CARES Act stimulus, how much, and how it will be delivered. They also talk about immediate ways to acquire money if you\\u2019re struggling to find a way to make ends meet.\\n\\xa0\\nDhru and Chris also discuss 4 big ideas to tackle financial anxiety head on, including:\\n\\nUnderstanding that real emergencies happen, that they\\u2019re not infrequent, and how to be prepared because it\\u2019s not a matter of \\u2018if,\\u2019 but when.\\xa0\\n\\nRemember that crises can actually be opportunities to understand how better to prepare for them.\\n\\nWhen emergencies happen, step into the moment and learn from them.\\n\\nCreate a system and not a budget.\\n\\n\\xa0\\nBeing aware of personal finances is an opportunity to create a system that works and to be prepared for the future, even when the present feels uncertain. Take financial power into your own hands by learning from this experience and preparing for the next one.\\nFor more on Chris, check him out on Instagram @chrisgirbes or send him an email to: chris.girbes@adviceperiod.com.\\nCheck out the books they discussed: Total Money Makeover by Dave Ramsey and I Will Teach You To Be Rich by Ramit Sethi.\\nInterested in joining Dhru\\u2019s Broken Brain Podcast Facebook Community? Submit your join request here: https://www.facebook.com/groups/2819627591487473/\\nFor more on Dhru Purohit, be sure to follow him on Instagram @dhrupurohit, on Facebook @dhruxpurohit, on Twitter @dhrupurohit, and on YouTube @dhrupurohit. You can also text Dhru at (302) 200-5643 or click here https://my.community.com/dhrupurohit\\n Hosted on Acast. See acast.com/privacy for more information.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"