One thing I have learnt during this time is that one should have backup ready so that not depending on a single income itself. Something financially, one should be doing various things so that in some way or other you can become financially strong. Also saving is important thing now and cutting the credit cards bills in coming years will be important thing.
That's very true. Covid came from nowhere. Lots of people are going to lose their job. Those who haven't any back up plan they will face a very bad period of their life.
After the covid is over no one can predict that when and what crisis we will face in future,
So we must need to setup a secondary financial backup plan to face any such situation in the future.
This doesnt only talk about in pandemic situation but also this can also be a big problem when you face up emergencies that would really be needed some big amounts
of money like sudden hospitalization or some sort.
If you are a type of person that doesnt really mind much about having savings for emergency purposes then you will surely be fucked up when time comes when problems
do come out which do really need up some financial.
We should be ready not just on next pandemic or crisis even in just simple emergencies we do really need to have that backup plan.