Barbara O’Neill, Ph.D., CFP®, AFC®
Extension Financial Management Specialist and Distinguished Professor Emeritus, Rutgers University
Sometimes, just as people are making progress to improve their finances one small step at a time, something happens to set them back. For some people in today’s difficult economic climate, that setback is a furlough.
Furloughs (also known as “temporary layoffs”) have been in the news a lot lately and are being used by both public and private sector employers. In some cases, furloughs …