How to Deal with a Loss of Income Due to COVID19
We’re living in uncertain times. There’s a pandemic going on around the world right now and for many people, it means that they’re not sure what’s going to happen with their jobs and businesses. Many people who work in areas like hospitality or retail have been asked to take unpaid leave or even been laid off from their jobs as a result of social distancing; people are avoiding going out in order to try and stop the spread of the virus.
If you’ve found yourself suddenly out of work or struggling financially because of the coronavirus, what can you do?
Don’t Be Afraid to Ask for Help
Help is available for those who have been affected financially by the spread of coronavirus. If you have suddenly found yourself out of a job, you might be able to get welfare payments or an emergency loan to keep you going. Speak to your landlord or mortgage company, utility companies, and anybody else that you pay money to, to inform them of your situation. They may be able to help you with a payment break so that you don’t need to worry about your outgoings until your situation improves. You certainly won’t be the only person in this situation, and measures are being put in place to help you. If you need quick cash, you might want to consider payday bad credit loans – but only do this if you’re sure you’re going to be able to make repayments.
Consider Looking for New Work
You might think that getting a new job in the midst of a pandemic is going to be impossible, but in reality, there are options available including remote hiring. However, most of these jobs will usually involve working with the public, so consider whether it is the right option for you in terms of your health and wellbeing. Grocery stores and supermarkets, for example, are experiencing high demand right now, and many of them are taking on temporary staff to make sure that shelves are restocked and customers are able to get what they need. Or, if you feel compelled to help people in this situation, you might want to consider applying to work as an assistant in healthcare. The healthcare industry needs as many good people as they can get.
Make Money Online
There are many options for you to consider when it comes to making money online. And if you are social distancing or self-isolating at home, online options are ideal for you as you don’t need to put yourself at risk by mixing with the public. Check out social media; there are many groups where you can find odd jobs such as composing and answering emails, looking after company social media accounts, writing articles, or editing videos. If you have a skill like web design, now is a great time to use it, since more and more businesses are going to be focusing on their online presence heavily in the next few weeks and months.
If you’re among the many people affected financially by the coronavirus, don’t panic. Even though it’s hard to tell exactly what’s going to happen right now, there are options you can take advantage of to improve your situation.