Welcome to 2021!!! Is it safe to say Happy New Year?
There is so much to say about 2020 as a whole:
The COVID_19 pandemic ravaging our populations across the world forcing the world to shut down and shut its borders
The economics of the world going haywire, stock markets & trades being more volatile
The appalling continued violence against Black & Brown lives, Women, and our Trans Folx
And the U.S. Presidential election results
there is no doubt we have very high hopes for 2021.
There are a couple of things that have happened financially for folks:
Many jobs went remote and that caused folks to move outside of the metropolitan areas to more space to have a better quality of life (+ space!)
The housing market created a huge demand for houses and they saw an increase in prices by over 30%
There was a Stimulus Check provided for a bit of relief for folks however some people did not feel this was enough for continued sustainability
Federal Student Loans* have been on an Administrative forbearance during this time for folks to be able to focus on their basic needs
So I have a question for you
What does all this mean for you financially? How are you looking forward to 2021 for your finances?
Do tell…
~NB