If you’re one of the sectors that were shut down amidst the COVID-19 crisis you might be panicking; especially if you’re a small business that was counting on income from events in March, April, and May.

This is a wake-up call for so many self employed people on the importance of having 4-6 months worth of expenses saved. I know that’s not the reality for many people right now and while you should definitely start building up your savings that doesn’t help with the short term problem of staying afloat through our current economy.