Once the worst has passed, everyone will be keener than ever to get things rolling along again. But for now, we have to bunker down and do what we can to weather this storm and minimise the risks.

These uncertain times can bring stomach-churning worry about our financial future. However, there are plenty of things we can still control, so let's focus on those.

First of all, know where you stand financially. Review (or create) your budget and see where you can cut costs. Strip everything back to the basics and take stock of what you own and what you owe. It will assist you to make appropriate financial decisions if you know where you currently stand financially.

Contact your credit providers if you foresee financial difficulties ahead. Most financial institutions offer payment options to people in financial hardship.

When it comes to your super, try and not focus on it for now. The most important thing to remember about your super is that it's a long-term investment - don't panic. Historically, after every crash there's an upswing: we've seen that with previous pandemics, such as SARS. If you haven't yet retired, you may be better to leave your super alone, in a low fee fund, with investments that suit your investor profile and investment timeframe. Instead, use the situation as an opportunity to trim your costs.

I would also suggest you check your insurance cover within your super. If you have insurance through your super, check to see if your cover continues outside of paid employment if this becomes necessary.

With the interest rates at historic lows, now may also be an opportune time to get ahead with your home loan repayments if you can. Alternatively, you could consider topping up your offset account to give you the flexibility to re-draw funds in case of emergency. If you had already built a buffer in your offset account, you may be able to withdraw some of this buffer to provide short-term access to low-interest funds if required. Speak to your lender or financial adviser to check if these options may be suitable for you.

We've also reached the end of the financial year and there is the possibility of a small cash injection from your upcoming tax return, the time is right to make sure you're claiming all that you're eligible for to ensure you get the maximum return for your employment situation.

Now that we've talked through some things you can do; let's look at some things not to do. When it comes to private health insurance, don't buy or change your health insurance because you're worried about COVID-19. It won't affect the quality of your treatment. If you do need hospitalisation, you'll most likely be treated in a public hospital anyway. This is a sentiment backed by the Department of Health. Also on the list of what not to do, is paying high penalty interest on your credit card. Check your balance and pay it off on time. Avoid the temptation of using after-pay or zip money.

No one knows for how long this uncertainty will continue, so it's best to be conservative with your spending. Don't get out of your depth with expenses you may not be able to pay back later.

With many of us continuing to work from home all or part of the time, make sure you avoid bill shock by monitoring the amount of data being consumed in your household. It might be time to review your internet service and shop around for more data at a cheaper price.

In the short-term at least, most of us are going to spend a lot more time at home than we're used to. Stay calm and focus on the things you can do, and we'll make it through these uncharted waters together.