How to boost your finances amid the Coronavirus pandemic

With half of the world population working from home and the other half on furloughs or layering off, our society is increasing their worries about their financial situation. Moreover, the uncertain times that we are all living in are forcing many to rethink their livelihood. If you are in truly need of some cash, you can always apply for a guarantor loan, you may find this an easy, quick way to access money. Although, if you prefer to focus on different ways to get money, you have a wide range of possibilities. In this article, I will share some tips on how to quickly boost your finances amid the coronavirus outbreak.


1. Sell and buy second hand clothes

Second-hand clothes are the cheapest option to get new clothes that are still trendy. This way, you will save tons of money from selling those old coats and jackets that you do not wear anymore. It can be the perfect opportunity to help someone out who is struggling with their finances and cannot afford new clothes. In the meantime, you can speak to your relatives or friends and collect their outdated clothes, so you will be able to get some extra cash.


2. Consider temporary delivery work

With half of the restaurants offering delivery service, a lot of job opportunities as a delivery driver are being offered at present. The hospitality sector is one of the industries that are suffering the most from this novel coronavirus. However, many businesses around the world managed to re-conduct their efforts by selling their products or by just delivering their meals. Joining this changing industry will provide you with some extra money and will help reshape the industry.


3. Offer virtual tutoring classes

Now that September is here and the scholar season is trying to return to normal, there is a wide range of households that are not willing to send their offspring back to their classrooms. Therefore, you could overtake this opportunity to find those scholars that need a tutor or online teacher. The benefits here are various, as could just work from home while making money, and at the same time, you would be teaching to someone who needs real academic support.


4. Your opinion gets paid too

The economic, financial and political turmoil that this sanitary crisis has caused is forcing all businesses worldwide to consider second points of view and opinions. Large and mid-size corporations are conducting market studies to investigate and find out what consumers are doing at the present moment. Moreover, tons of companies are collecting the public’s opinion, paying them for that! Therefore if you are looking for an easy job, where they pay you quickly while you can work from the comfort of your home, this is for you. Although, you must carefully regard the small print, as hackers are also taking advantage of these processes to access people’s data.

To sum up, it is clear that we are not returning to normal anytime soon, so we must find new ways of making the most of our savings while contributing to the current financial environment.


About the Author

Julia Brookes is a finance consultant for Santander Bank and Now Loans.


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The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.