How to Help Your Community During Quarantine

How are you holding up? If you’re like many of us, you’re probably feeling some level of anxiety regarding the COVID-19 outbreak. And that’s okay. We’re living in a time when feeling helpless is understandable. Ultimately, what matters is how we choose to respond.

One of the ways I try to mitigate anxiety is by helping others. Since so many of us are sheltering in place right now, I want to share an alternative to volunteering that can still impact your community. Giving financial support to those in difficult situations can make a huge difference during a time of national crisis.

So, with so much need, where should you start? Numerous online resources can guide your giving. For example, CharityNavigator.org provides an overview on various philanthropic organizations, rates them, and makes it simple to donate to your chosen charity.

From the CDC Foundation to the Red Cross and beyond, many organizations could use your support. Keep in mind, the Internal Revenue Service has specific rules and guidelines for charitable contributions, so you should consult with your tax professional before contributing.

As always, we’re paying close attention to news and upcoming reports. If we read anything that changes my overall outlook for the economy or the financial markets, we’ll let you know. In the meantime, be kind to yourself and let us know if we can help in any way whether you need someone to talk through this frightening time or want to discuss your financial situation, we’re here for you. You can schedule a 15-minute discussion session below.

At market close today, March 26, 2020, Dow Jones, S&P 500, and NASDAQ all saw increases. The Dow surged by 6.38% with a 1351.62 point increase, while the S&P 500 rose by 6.24% with a 154.51 point increase, and the NASDAQ jumped by 5.60% with a 413.24 point increase.

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