WITH the unpredictability in the economy as the effects of the novel coronavirus are being realised worldwide, Sagicor Bank is reminding people to practise personal budgeting as a financial management mechanism to get through this difficult period.

“Budgeting is a financially wise and important habit to develop once you are responsible for and managing money. It becomes even more crucial during times of crisis, when there are many uncertainties,” Clinton Hunter, assistant vice-president, retail banking at Sagicor Bank, is quoted as saying in a release from the financial institution.

Hunter added that he understands the many challenges and anxieties individuals may be facing as a result of the COVID-19 pandemic, but encouraged them to remain calm and focused while utilising a budgeting tool to ensure they get the most from their finances.

http://www.jamaicaobserver.com/news/bank-encourages-personal-budgeting-during-covid-19-crisis_191444