While the coronavirus pandemic has been financially devastating for the almost 45 million unemployed Americans across the country, there’s been a silver lining for others. With the world on lockdown, some say they have actually been able to cut back on expenses and save money. Take students and young professionals who have found themselves moving back in with parents, cutting expensive costs like rent.
“There’s been this forced lifestyle change that has made them not spend the way they used to,” said financial coach Lacey Langford, who dubbed herself “The Military Money Expert” for getting finances into shape. “A lot of people are actually saving money during all this because they are not going out as much. They’re not using a gym membership or they’ve cancelled it.”
Langford is a certified financial coach and veteran who helps clients, especially military families, get their finances in order and develop control and