Amid the coronavirus crisis, millions of people throughout the world are facing temporary or total unemployment from their companies. Some might get over it and the other may fall into despair.
Losing a job, particularly if it is your only income, is indubitably devastating. Despite everything, life must go on especially during one of these days.
Though life might never be the same anymore, you still have to survive. Additionally, in order to survive, you have to cope with your unemployment and learn to survive with your existing condition.
To face your unemployment and strive for your survival, here are several measures you can take during the COVID-19 pandemic.
Also Read: Asia: Workers Doomed as Brands Desert Them
Claim Your Coronavirus Unemployment Insurance
Perhaps, not many countries facing coronavirus might issue this luxury to their citizens facing unemployment. However, if there is any, you better follow the regulated procedures to claim the insurance.
Apart from its amount, this insurance will prove to be greatly beneficial to support your life as your new source of income. Especially in this hard time, the insurance will act as a temporary replacement while you are potentially unable to find another full-time job.
Budget your Finance
The second thing you have to do is to re-budget your finance, calculating your income and expenses. Accordingly, you potentially have to make it even tighter than ever.
In dealing with your new phase in life, you better cut unnecessary or tertiary expenses as survival comes first. Also, save if you can, but do not force yourself to save more than what you require for your daily needs.
Find another Temporary Income
Another thing you better conduct is finding another temporary income to support your finance. Among the attempts is to become a freelancer.
In so doing, capitalize what skills you possess to gain some pocket money for your daily needs. Despite that, you have to remember not to exploit others in this hard time as they also struggle.
Also Read: The Financial Decision You Need to Make during COVID-19
