LOS ANGELES, March 11, 2021 /PRNewswire/ — On March 13, 2020, COVID-19 was declared a national emergency in the U.S., thus drastically changing everyone’s lives overnight. As we mark the one-year anniversary, we know the effects of the virus on the world and, more specifically, society will be felt for many years to come. Not only has the pandemic changed the way we work, eat, socialize, work out and our overall perception of time but it has had a severe impact on the state of the economy as well as detrimentally impacting the finances of Americans all across the country.
“As we hit the one-year mark of the coronavirus pandemic, GOBankingRates is reflecting on how COVID-19 has affected nearly every aspect of the economy and how Americans work, spend, save and invest,” said Gabrielle Olya, Lead Writer at GOBankingRates. “We’ve also spoken to experts across a number of fields to get their insights on the financial lessons the pandemic has taught us, how far we’ve come in the past 12 months and what we still need to do to get back to ‘normal.'”
One especially hot topic of this past year has been the issuing of stimulus checks. On Wednesday, March 10th the $1.9 trillion American Rescue Plan passed in the House of Representatives, meaning that the third direct payment checks would be on their way once the Act is signed by President Biden. But…
