Daily Money: COVID finances, hand sanitizer surplus, 401(k) tips

Guess what, Daily Money readers? It's finally Friday. Brett Molina here to guide you toward the weekend (and maybe help you get a free beer in the process 🍻).

But first, time for our ...

INSIGHT OF THE DAY: So, what have we learned one year into the pandemic? Besides the fact we really love sweatpants, we made smarter choices with our money. Credit Karma, which provides resources to help users improve their finances, found payment delinquencies decreased, consumers paid down debt and credit scores barely budged.

Here's what else happened in the world of Money and Tech:

1. 401(k) accounts are great for retirement. However, they shouldn't be your only source of income. Here are five reasons why.

2. A hand sanitizer surplus? Not gonna lie, I still go to the store and get the itch to stockpile hand sanitizer. Fortunately, that's not a problem any longer as some manufacturers are giving hand sanitizer away or offering it at a discount.

3. From surplus to shortages. Hey, remember how hard it was to buy toilet paper or Clorox wipes a year ago? Here's a look back at all the stuff that was impossible to find during the pandemic.

4. Attention, home buyers! If you're looking for your next home, don't forget to get that pre-approved mortgage first.

More headlines await if you keep scrolling. Have a great weekend.

Brett Molina, Money/Tech editor