Work From Home Guides
January 9, 2022
It’s easy to feel safe when you have a good-paying job in a well-known company but what happens when there’s an unexpected event that could jeopardize not just your future but also your loved ones? The current pandemic with COVID-19 made this point even clearer.
When I was a kid, I used to think that when I grow up I would either be an employee or a businessman but my mom asked me: “Why not both?” I asked back why and I couldn’t agree more with her answer. Having a fixed income from your salary is good but having an additional way to earn money is even better. I guess moms really know best.
Business owners and employees are both affected in unprecedented situations. Employees can lose their job and business owners can go bankrupt. That’s why It’s important to always have a backup plan. Death of a spouse or a family member is also an undeniable fact that can affect one’s life. The more ways you have to earn money, the more secure your dreams will be.
It doesn’t have to be a big one. It can be from selling food, clothes, handcrafted items, or even providing services. Filipinos are known to be resilient and hard working. While the rest of the world is panicking, a lot of Filipinos are online selling different kinds of products and offering their services like food delivery.
It’s common that most of us only have 1 full-time job and that’s probably because of how hard it is to commute from one place to another. Most of our extra time is consumed when traveling to work but if you do have the opportunity then you might want to consider applying on a part-time job. It would not only provide you with more opportunities to earn but can also serve as your fallback measure in case something happens with your full-time job.
You might be thanking yourself in the future by not buying a bag worth 10,000 or having Starbucks daily. Make sure that you have an emergency fund for well… emergencies! A good amount of emergency fund is your monthly salary multiplied by 6. You’ll never know until when you’ll be stuck with certain situations so the more you save the better.
There’s a wide selection of life insurance right now and even some that offer investment. I personally think of it as an additional saving that has the opportunity to grow more than having your money in a bank account. It can be used for your retirement, education, emergencies, or basically anything you want. What makes it even more beneficial is the peace of mind that your family or loved ones will still have the support they need in the event of accidents or deaths.
Learning never stops and neither should you. It can be online, enrolling yourself in a class, or simply asking someone you know to teach you new skills that you can use to make a living. Everyone eats so learning how to cook is always a good idea. Video and Graphic editing is also a popular skill that you can use anywhere as long as you have a computer.
If you’re one of the employees whose job is affected by the current pandemic then you might want to consider looking for a part-time job. You can read this to learn more about how to get started with an online job.