00:03many Americans are in survival mode when it comes to their finances 38% are heading into 2021 in
00:10that state of mind according to fidelity investments annual new year financial resolution
00:15study experts tell market watch that living in survival mode can inhibit you from seeing the
00:21future when it comes to finances quote unfortunately our ability to see the big picture is severely
00:27limited when we're in fight or flight mode unquote chicago-based financial planner at the
00:32planning center andy baxley tells market watch in addition as cnbc reports many families are moving
00:39in together so they can cut expenses and continue to spend time together amid lockdowns the key is
00:45to have a plan if family members are still generating income they should save an emergency fund a down
00:51payment for a place to eventually live and money to furnish it baxley tells market watch that
00:56although it may feel like you're living day to day making ends meet on rent food and health care
01:02it's important to have a vision for what you want your life to look like continue to make small steps
01:08toward the future update your resume reach out about a potential new job or ask about a promotion
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