Your Money: A Coronavirus Emergency Plan for Paying Your Bills

Lives are on hold all over the world as we distance ourselves socially to contain the coronavirus, but bills still pile up.

Do not think of this as budgeting, because the situation is changing so fast you cannot really think long-term. Take a breath and just deal with this month. Wayhome studio/Shutterstock

NEW YORK—Lives are on hold all over the world as we distance ourselves socially to contain the coronavirus, but bills still pile up.

Some countries, like Italy and France, already enacted mortgage and rent relief, but U.S. measures are still being worked out for the most part, aside from a waiver for student loan interest.