Hey everyone.
Currently in the first quarter of 2020, the whole world is going through the COVID-19 pandemic. There’s no need for me to explain the cause, symptoms, and seriousness of this virus because there are many resources out there that can do a better job of explaining it than I can. It has caused schools, businesses, non-profit entities to close their doors to the public and their employees.
It has also caused a shift in the economy where stocks are falling at an alarming rate.
This has definitely caught so many by surprise and is keeping so many in suspense as to when life will return to normal.
But I want to encourage you to stay strong. In times of trouble is when victories are achieved. You are resilient, you are strong. You may be in the front lines working with patients at a healthcare setting or with customers in the grocery store. You even may be balancing working from home while homeschooling your kids. Or perhaps the company you work for is reducing salaries and staff and you’re looking for extra work. Just know that someone out there is cheering you on, praying for you, and looking out for you.
Though times are uncertain right now, we know some things are certain. And it’s how to make the most in a down economy. I wanted to share some tips on what a person should do in uncertain times.
Press pause
Take the time to breathe again. It maybe hard to sit down or not feel pressure when you hear tragic news around, but since most businesses are on pause in their operations and fellow citizens are encouraged to stay home, it’s a great time to read, reflect, and unwind from your normal routine and take some “me” time.
Stock up and save
I don’t mean buying loads or water and toilet paper, but instead to beef up the finances. Put a little more aside if you can. If you now have the ability to work from home, you suddenly reduced the amount of gas you pay weekly, lunch money is now in your pocket, and no more toll charges. So with all that being said, more money can be saved for unpredictable times.
Look for opportunities
I’ve never experienced a major event like this that’s affecting the whole world. But even though this pandemic is affecting everyone, we can impact the people around us. There are opportunities to help our neighbor (which I like to call my near by). Helping those close to us with our time, talent or finances. Maybe it’s a time to start that business opportunity or work in the garage to make that idea come to life. When you are looking for opportunities, you will usually find them.
Remember, you got this! Until next time…