Financial Triage - Dealing with our finances during a crisis

What do we do when we face a financial emergency? Whether it is the result of a pandemic, job loss, medical expense, home repair, or some other unexpected event, the way we manage our money now can affect how well we make it through a financial crisis. Just as doctors use “triage” to prioritize the treatment of life threatening wounds over scrapes and bruises, we can use a similar “triage” approach to managing our money by defining clear priorities with our spending. In this episode, we discuss some things to consider when preparing our finances for the unexpected.