Economics/Class Relations

Pause 8 bill payments if you’ve lost work during the coronavirus

Jubilee! Jubilee! “Hell, no, we won’t pay!”

By Laura Grace Tarpley

Business Insider

Many employees are out of work or facing reduced hours as US businesses temporarily close to prevent the spread of the coronavirus. Lenders are empathizing with people who are struggling to pay their bills during the pandemic.

If you reach out to companies, you may be able to pause any of these eight bills – and make life a little less stressful during the outbreak.

1. Memberships and subscriptions

It may seem like we’re beating a dead horse by recommending you cancel memberships and subscriptions to save money. But while people might normally tell you to cut out frivolous expenses like streaming services, that’s not necessarily the best move here.

After all, you’re going to be spending a lot of time at home. Is now really the time to delete your Netflix account?

Instead, think about expenses that will no longer be relevant while you’re self-isolating. If your gym is closed indefinitely, pause your monthly payments. If you’re a season ticket holder to an amusement park that has closed or for a sports team whose season has been canceled, call the ticket office to discuss cancellation.

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