The COVID-19 global pandemic has created panic among people and has impacted the worldwide population mentally as well as financially. In this blog, we take a look at lessons that us human beings have learnt or should learn from this unforeseen crisis
Preparing for an emergency is necessary
What this entire coronavirus situation has taught us human beings is that life can take a harsh twist at any point in time and you have to be prepared for a crisis situation come what may. If you take life for granted and assume that everything will take care of itself, you might be in for a surprise someday or the other. Be it your finances or dealing with your mental health, you have to make sure that you are always on top of your anticipation game and are prepared for the worst if it ever happens.
Here are some of the lessons learnt from the COVID-19
Saving money for an emergency is necessary
Many people tend to live on the edge when it comes to the earning-expenditure ratio and this is caused by the guarantee that there is going to be income in the following months to come. This crisis has taken several people out of their jobs while some of them have suffered a significant pay-cut. This, in turn, has made people realize the importance of saving money and some have already started wondering about what could’ve been if they had thought of saving for the future from the get-go.
If you are one of those who have saved some money every month for your future, well played! It’s high time that people should understand that life or specifically anything cannot be taken for granted and be it a global pandemic like COVID-19 or an economic recession that you may not foresee, it is important to save money for your future by creating an emergency fund. Invest some money or create a separate savings account for yourself that will cater to your needs in case the daily income stops all of a sudden.
Look after your hygiene and stay clean
The rapid spread of coronavirus has led to people taking extra care of themselves on the hygiene front. All of us have started washing hands carefully and some people are going the extra mile while washing their hands during the COVID-19 by singing the entire ‘Happy Birthday’ jingle to make sure they have been washing them long enough. While people have panicked and bought a bunch of hand sanitizer bottles that could last for a year or so, the whole emphasis has now shifted towards staying as clean and hygienic as possible. The World Health Organization has come up with ways to stay clean and healthy and several dos and don’ts and it is important that we follow the basics of staying clean and hygienic even after the pandemic has passed. Consistency is the key here.
Building your immunity by eating healthy
The human tendency is most cases suggests digging up a well only when the thirst gets unbearable. It’s important that we don’t let that happen to us when it comes to our health. It is important to eat healthy throughout the year and your life in order to build a good immunity. There is no point in drinking turmeric-infused milk or ginger-infused tea after the virus has started spreading, it is a long process. Immunity isn’t built in a week. You have to make sure you eat pulses, legumes in your salad and use turmeric, ginger, garlic and other herbal items while cooking your food and consume them indirectly as well. Also, make sure you stay active by exercising daily for a little amount of time at least. These are things that people have been doing on a large scale since the pandemic but it is important we do it after this phase has passed as well. We better be ready for the next one if it has to ever come.
Be flexible with plans
The COVID-19 has led to a worldwide lockdown and that has resulted in the cancellation of a lot of plans all around the world. While someone has had to cancel their travel plans, others have had to change their investment plans. What this pandemic has taught us it to be flexible in mind and have a backup plan for all the essential decisions in your life. Be it investing or traveling or anything else that’s important, there has to be a backup plan. Why we are suggesting this is because there have been several people asking us or writing to us at Chango regarding what alternative they could opt for now that their plan A has failed and so on. We are glad to help you out when it comes to suggesting options but if you’re someone who is on-the-go and doesn’t have time to reach out to us at that moment of time, it’s necessary that you always have two to three options for everything.
Helping people is valuable
The world has come together in this fight against the COVID-19 and people are helping each other by firstly, staying at home and secondly, helping the older vulnerable people by helping them do their grocery and get their medicines. It is important you look out for your people in the community and working as a cohesive unit is extremely important.
Multiple lessons to be learnt from the coronavirus situation
While this global pandemic has impacted everyone in a negative manner, it has been a teacher to all of us in terms of giving us some important life lessons. What we need to do is stay strong, be positive, follow the government mandate, stay safe and together we shall conquer this situation. And if we keep in mind all of the lessons that the COVID-19 has taught us, we shall be ready to face any adversity that comes our way in the future.
At Chango, our entire team is taking efforts to update you on the relief measures announced by the Canadian government and are coming up with ways that will help you tackle the COVID-19 crisis. Do visit the blogs page and go through all the articles as we’re sure those will be helpful to you in more ways than one. Sign up for Chango and be a part of our community!
Stay Safe, Stay Positive!