Our personal way of handling the economy is that we’re saving nothing ($$) from all of this. We still have enough of an income with H working remotely that we can survive. It’s less than we normally get, but it’s enough. We’re also fortunate enough that my mom’s estate has left me some extra money for us to continue.
I handle 100% of our budget.
We’re paying everything we used to - mortgage, car payments, health care, taxes, electric, phone, etc, even though EVERY place we owe money to has told us we can contact them and put things off with no interest or ding to our credit report if we feel we need to.
We’re not making our tenants pay rent if their income suffers. We’ll take the hit. If needed, we’ll contact those mortgage companies to be able to deal with it.
We’re still getting take out from some of our favorite small mom&pop restaurants. When doing so we’re tipping 100+% of the bill telling them each week that “we’re still getting enough money in, so we want to make sure all of us survive this virus.” They’re thankful.
We’re still occasionally getting our favorite fast food meals (less common than above, but happens). While not 100+% more than the bill, we pay them more than the bill comes to and tell the cashier she’s earning X more per hour for that hour as a way of us saying thank you. They can keep or share it with others as they wish.
Even with that, we’re still spending less (because we like to travel a bit and eat out more apparently).
Interestingly enough, our county has a food bank accepting donations and a group helping folks with housing, etc - both having ramped up due to the virus because they’re seeing the folks who aren’t working. Guess where the rest goes.
As much as we can, we want to help out and are doing so. Maybe I’m hurting our family by not hoarding the extra cash trying to eke out some more time or to build our savings/restore our retirement, but that’s just not the way Creekland ticks.
YMMV