When it comes to money, many don’t cater enough margin of safety. Just like buying travel insurance before a holiday, or having a wet-weather plan for an outdoor event, your financial plan should have some contingencies and room for unforeseen circumstances.

As more investors turn to day trading in this crisis, it’s wise to exercise some caution. Don’t mistake gambling for investing.

Which should be your priority - getting out of debt, or investing in hopes of higher returns?