The COVID-19 pandemic shocked the world as virtually no one in our generation experienced such a crisis before. It caused schools to close and made home and online learning the new norm. It made many non-essential businesses to shut, causing lots of people to lose jobs overnight. It even changed how we do our daily chores, run errands, and how we interact with others. While some economies are starting to open up, one cannot deny that some things will never be the same again.
Researchers all over the world are racing against time in developing vaccines. According to the New York Times, there are currently more than 165 vaccines are under development. But even if a vaccine is made available, we can expect some things to stay as experts claim some things will never be the same. But what life lessons should we all learn from our experience with COVID-19?
Improved Financial Literacy
One lesson the pandemic made us learn the hard way is that protecting your finances is crucial with or without a world health crisis. Some may money argue that money holds no power if you are infected with a critical disease. However, if you have enough money tucked away, you will have more funds to invest in and to use in times of emergencies. You will have less financial stress, and you will have peace of mind knowing you can take care of your family and their needs.
More people are starting to save more and have been investing their hard-earned money on things that can help secure their financial future. Some are buying properties since land is one asset that is in demand but hard to reproduce. Some are even starting to buy their own homes with the help of mortgages like FHA loans and USDA loans. For others, since the demand for more rental housing continues, they are now considering investment loans to buy other properties they can rent out.
Others have started investing in the right insurance. This is after realizing that such an investment can help ease one’s stress in case of an unfortunate incident. According to news, about two-thirds of Americans are can be considered financially illiterate. If you start investing in financial literacy, you can make better decisions concerning your finances. You will create better opportunities to save and grow your money and stop worrying about your finances in the future.
Mindful Health-related Habits
Before the pandemic, many people don’t mind the importance of hand hygiene. Many don’t even know to properly wash their hands. But thanks to the COVID-19 pandemic, more people are now into proper handwashing. Now, more of us are spending more time fussing over hand hygiene each day.
Because of the pandemic, some think they will develop an obsessive compulsive disorder. The good news is, this disorder does not come suddenly. If you don’t have OCD, then it is unlikely for you to develop the disorder. But if you have this condition and it feels like the pandemic is triggering your OCD tendencies, know that asking for professional help is the best way to manage this.
These are but two lessons all people need to learn from the pandemic. If we learn how to handle our finances better, we can enjoy a better life in the future minus the financial worries. By keeping mindful health habits, we can stay healthy and get to enjoy life to the fullest. We can all apply these lessons even after the world health crisis is over.