Bakersfield under financial stress
One major side effect of COVID-19 is financial stress, and according to a recent study, bakersfield is one of the most financially stressed cities in the country. The group SmartAsset ranked Bakersfield the thirteenth most financially stressed city in the U.S. It actually ranks above Los Angeles and Dallas. Local financial advisors spoke about the reason behind these burdens, and how families and small businesses can exercise healthy money habits during this time.
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