The coronavirus lockdown has made me wonder, how did this happen? Can life be brought to a standstill? Can every nation on the globe be brought to a standstill by a virus?
The whole world has in many ways, been affected by the novel coronavirus. The number of people being infected has been increasing, and the death rates have been on an alarmingly upward scale around the world. On the positive side, some people are getting cured, although there are no vaccines yet. And to fight this highly contagious disease, social distancing has been the proven technique.
Many countries have been on complete lockdown for over a few weeks now. This is the first time in the history of mankind; we have witnessed a complete lockdown by almost all the countries around the globe. That’s a terrifying situation for each one of us. We all understand that this is further stifling our economy. We may be hit by one of the worst recessions the world has ever seen. Most of us would end up in a financial crisis. However, your time at home is the best time to think about your future.
There is no denying there will be financial problems if there are layoffs soon after the lockdown. However, let’s not get into depression or start losing sleep over it. It’s time to plan to secure your financial status.
What you can do during the lockdown?
There are several things you can do during the lockdown period. Most of us are busy working from home, but that should not stop you from exploring ways to upskill, think of money management, or start a new business. Remember, whatever you decide to do, keep it low budget. Save money and use it when you need the most.
Sharpen your skills
One of the ways to secure your career is to utilize your time to plan things. Use your time to upskill and get a specialization. There is a lot of information online on various subjects. Utilize this time effectively to get a certification or to sharpen your skills. YouTube has a lot of educational videos. Choose the subject of your choice, and you may find an online class on that subject. Also, there are classes run by Udemy and such other online institutes on various subjects. Find out a subject of your interest or that will help in your career, and get a certification.
Use your hobby to earn money
Few of us wanted to turn our hobbies into a full-time job, and because we were occupied with our current jobs, we couldn’t pursue it. Well, now is the right time to invest in your passion seriously. It could be to become a YouTuber, blogger, or a photographer. There are YouTube lessons to develop your skills and to chase your hobby. All you need to do is lookup for the information and immerse yourself in learning.
Learn about Finance and Share Markets
If you’re interested in finance or wanted to invest in the share market, this would be a better time. There are mixed views from the experts. Some say it’s a good time, some say, to save whatever you have. So, before you invest; research, and learn from experts. Find out how and where to invest your money through various online videos that can guide you through the nitty-gritty of investments and sharemarket.
You can also learn and get one-on-one guidance from a former banker Mrs. Jayanti Sarafaraj who is an expert in finance and sharemarket. She has over decades of experience in money management. You can get in touch with her by dropping an email at Jayantisarfaraj@gmail.com.
Work from home
If you have time, then do take up additional work. There are several ‘work from home’ requirements that are posted online every day. If you find anything that interests you or you’re good with, then don’t hesitate to take up that opportunity to earn extra. This is the time when every penny matters. I know, you already have your hands full of your already existing job. However, I would highly recommend you to take up additional work; if you haven’t received 100% of your salary last month.
So, while you’re at home, stop cursing China for the virus, that’s a discussion for another day. Be positive and take charge of your career and use time wisely. I know most of us are busy with work from home. But, we will never get this time again. So make use of it wisely and also spend quality time with your family. This could be the first time, in a very long time you are spending so much time with your family. So enjoy every moment, it may not happen again. Stay safe and healthy!
If you have any other tips or suggestions, please do leave them in the comment section. I would love to hear from you. Thank you!