Emergency circumstances such as losing a job, or even exciting life changes such as having a child can set finances off balance. Fortunately, there are measures that can offset times of economic uncertainty.
What Can You Do?
Some precautionary measures you can take include: Cutting back on non-essential purchases; building an emergency account with at least three months of pay; couponing, and supplementing income with overtime, or a second job, are just a few of the ways you can potentially ease your financial stresses.
Use Ultimate Medical Academy’s Guidance Resource Center as a reference for more helpful information.
- How can I cope with times of economic uncertainty?
- Tips for Saving Money on Household Items
- Budget Plans
- What should I do if I cannot pay my mortgage?
Safety Is a Priority
Keeping your financial health in check can be as easy as knowing how to identify a con artist, or scam.
Regardless of your age, income level or situation in life, there are individuals out there who might prey on your desires to save or make money. Before you invest in a product or service, ask questions such as, why am I being offered this opportunity, and what do I know about this person/company?
Email scams, better known as “phishing,” are a common vehicle for swindlers. Here, we include tips on how to avoid consumer scams and online fraud, as well as guidelines on how to identify a phishing incident.
UMA Wellness Center
Wellness is incredibly important to your studies and to your overall health. UMA is committed to providing you and your household with access to ongoing wellness resources. Stay tuned to the UMA Wellness Center!
UMA does not endorse any financial strategies, vendors, products, or services presented in the UMA Wellness Blog Series, and UMA bears no responsibility in any capacity as it relates to such strategies, vendors, products, or services. This blog does not provide financial advice and is intended for informational purposes only. The information on wellness or related services is not intended or implied to be a substitute for seeking a financial professional. Please contact the vendor or service provider for answers to questions regarding its content, products, or services.