TALLAHASSEE, Fla.–With three out of four Floridians saying they’re feeling more financial strain from the COVID-19 pandemic, the state’s credit unions have joined with banks and Florida’s chief financial officer to launch a new resource to provide some financial guidance.
The resource can be found at MoneyWiseFlorida.com.
“It's a roadmap to try to help people,” said Florida CFO Jimmy Patronis.
The site offers a multitude of financial resources and advice, many of which are specifically geared towards pandemic relief, according to the organizations involved.
Suncoast Credit Union CEO Kevin Johnson said the resources include guidance on how to create a six-month emergency fund. That’s something just three-in-10 Floridians said they had going into the pandemic.
“And that number is much higher if you look at the younger generation and minorities,” said Johnson. “And that's where this information that we're producing will really help. It's going to be able to help them navigate through this, help them budget their money better.”