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COVID-19: How to Weather The Storm Financially

What to do about your spending, debt, investments and retirement plans

Created byDavid Trahairworkspace_premiumBest Instructor
IntermediateUpdated Jun 16, 2025

What You'll Learn

  • check_circleManage finances during economic storm.
  • check_circleUnderstand different debt types.
  • check_circleLearn about good versus bad debt.
  • check_circleGrasp how credit scoring works.
  • check_circleAnalyze stock market performance.
  • check_circleEvaluate foreign exchange impact.

About This Course

The COVID-19 pandemic brought significant financial challenges, from declining incomes to continuing expenses. Navigating this uncertainty requires informed decision-making.

This course, "COVID-19: How to Weather The Storm Financially," is designed to equip you with the essential knowledge to manage your finances effectively during turbulent times.

Understanding key financial concepts is crucial. Through this course, you will learn:

  • How to differentiate between good and bad debt and understand installment vs. revolving debt.
  • The importance of the credit scoring system.
  • Analysis of investment market performance during the crisis, focusing on the S&P 500.
  • Insights into historical market returns and the impact of foreign exchange.
  • Understanding recent market volatility and declines.

By the end of this course, you will have a clearer understanding of managing debt, navigating credit, and interpreting market trends, enabling you to make more confident financial choices through the storm and beyond.

Course Content

7 activities • 46 videos • duration: 2h 36m

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Intro-Part12 videos • 2 min
  • videocamIntro
    Duration 2:40
  • videocamLearning Outcomes
    Duration 0:19
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How to adapt to the new environment-Part19 videos • 38 min
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How to pay your bills and optimize use of credit-Part18 videos • 20 min
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How it affects your investments-Part112 videos • 48 min
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How it affects your retirement-Part17 videos • 24 min
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How it affects the economy-Part17 videos • 19 min
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Conclusion-Part11 videos • 2 min

Your Instructor

David Trahair

Acclaimed Author and On-demand Course Developer

menu_book39 courses
star13,044 reviews

David Trahair, CPA, CA, is an author and eLearning developer who creates on-demand video courses for CPAs across Canada. His courses cover topics including personal finance, ethics, AI, and Microsoft Excel. David is also the author of six personal finance books, three of which are national bestsellers. Through his firm, he helps CPAs build practical skills through engaging, self-paced learning.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.4 out of 5
Student's Choice
256 reviews
  • CS
    Charlie S.
    starstarstarstarstar

    excellent course

  • DM
    Doru M.
    starstarstarstarstar

    This is super informative, with a lot of analysis courses that I enjoy taking it.

  • ES
    Ellen S.
    starstarstarstarstar

    Very helpful and informative session! Hope there are more script details are shared.

  • SS
    Scott S.
    starstarstarstarstar

    Great. Good information.

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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