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How Corona Virus Is Affecting Economies & What You Can Do To Be Financially Safe - Career - Nairaland

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How Corona Virus Is Affecting Economies & What You Can Do To Be Financially Safe by AmakaWrites: 6:22pm On Mar 01, 2020
It’s just the third month of 2020, but the recorded disasters have been enough to spread through 5 years. The year started with the US and Iran going head-on against each other with threats of war following the murder of one of Iran’s top military personnel by the US. A lot of us were beyond certain there will be World War III. There were even several war memes flying around which served as comic relief.

After a while, the heat between both parties cooled, but before we could exhale, we were hit by another news- the Coronavirus. The coronavirus started in Wuhan, Central China’s largest city and has reportedly spread to every continent, excluding Antarctica. Let’s not talk about the death tolls so far or how this has greatly affected the economy of not just China, but several other countries.

The purpose of this article is not to scare you or make you start shouting ‘End time signs!’

No.

The essence of this article is to inform you and prod you to think.
Stock market reports show that ‘Stay at home stocks’ such as Netflix, Peloton, Etsy, Zoom Video are doing well, while ‘Go outside stocks’ such as Uber, Lyft Inc., Madison Square Garden, etc are declining.

In another language, people are going out less and staying indoors more.

Drastic measures have been put in place to curb the spread of the virus.
If you’ve been following world news, you’ll find out that the government of Japan has ordered the shutting down of all elementary, middle and high schools.
Saudi Arabia has canceled pilgrimage to Mecca.
Tokyo 2020- 2020 Summer Olympics- is in jeopardy of being canceled or postponed due to the virus.
The US and South Korea have postponed military drills over the fear of the virus.

In Lagos here, the Governor- Sanwo-Olu- has hinted that gatherings in public places may have to be banned if cases escalate. This comes after the first recorded case of the virus in Nigeria was confirmed in Lagos. It’s been reported that an Italian, who works in Nigeria, is the carrier of the virus.
As part of the preventive measures by the state, the office the Italian man works at has been locked down. This is because the virus can be transmitted by making contact with a contaminated surface, then touching your eyes, nose or mouth.

The purpose of this write up is to put to your consciousness that there are other ways you can make money without having to expose yourself by going out, especially when your expected monthly salary may not be worth the risk.

There are freelance platforms where you can sell your services/ skills for a good price. High-income skills like copywriting, graphics, web design and development are usually in high demand and people are usually willing to pay highly for it. Freelance platforms like Upwork and Fiverr pay in dollars. As freelance platforms, you understand that you can work from the comfort of your home instead of going out, thereby risking yourself.

Earlier this year, financial experts projected there’s a 72% chance the CBN is going to devalue the naira by 5-10%. Recently, the price of crude oil dropped. Considering that it’s Nigeria’s major export you can already tell how this will affect the currency.

Apart from the comfort working on global freelance platforms give you, you also earn in dollars, not naira. You could get paid as much as $20 per hour as a newbie. There are people who charge $100 per hour.
The current exchange rate for dollars is N365. I don’t need to tell you that for every dollar you earn, you’re 365 times richer than the Nigerian earning its unit equivalent.

Today is a good day to think creatively and proactively. You don’t need to wait till the government takes similar drastic measures like the aforementioned foreign governments did before you start thinking of an online source of income.
Take a step today. Learn a high-income skill like copywriting, register your skill on freelance platforms like Upwork where you’ll work with clients who value your work and will pay you well for it.

Happy new month dear.

1 Like

Re: How Corona Virus Is Affecting Economies & What You Can Do To Be Financially Safe by Lawgod247: 6:39pm On Mar 01, 2020
ok

1 Like

Re: How Corona Virus Is Affecting Economies & What You Can Do To Be Financially Safe by Babalakin(m): 11:42am On Apr 04, 2020
AmakaWrites:
It’s just the third month of 2020, but the recorded disasters have been enough to spread through 5 years. The year started with the US and Iran going head-on against each other with threats of war following the murder of one of Iran’s top military personnel by the US. A lot of us were beyond certain there will be World War III. There were even several war memes flying around which served as comic relief.

After a while, the heat between both parties cooled, but before we could exhale, we were hit by another news- the Coronavirus. The coronavirus started in Wuhan, Central China’s largest city and has reportedly spread to every continent, excluding Antarctica. Let’s not talk about the death tolls so far or how this has greatly affected the economy of not just China, but several other countries.

The purpose of this article is not to scare you or make you start shouting ‘End time signs!’

No.

The essence of this article is to inform you and prod you to think.
Stock market reports show that ‘Stay at home stocks’ such as Netflix, Peloton, Etsy, Zoom Video are doing well, while ‘Go outside stocks’ such as Uber, Lyft Inc., Madison Square Garden, etc are declining.

In another language, people are going out less and staying indoors more.

Drastic measures have been put in place to curb the spread of the virus.
If you’ve been following world news, you’ll find out that the government of Japan has ordered the shutting down of all elementary, middle and high schools.
Saudi Arabia has canceled pilgrimage to Mecca.
Tokyo 2020- 2020 Summer Olympics- is in jeopardy of being canceled or postponed due to the virus.
The US and South Korea have postponed military drills over the fear of the virus.

In Lagos here, the Governor- Sanwo-Olu- has hinted that gatherings in public places may have to be banned if cases escalate. This comes after the first recorded case of the virus in Nigeria was confirmed in Lagos. It’s been reported that an Italian, who works in Nigeria, is the carrier of the virus.
As part of the preventive measures by the state, the office the Italian man works at has been locked down. This is because the virus can be transmitted by making contact with a contaminated surface, then touching your eyes, nose or mouth.

The purpose of this write up is to put to your consciousness that there are other ways you can make money without having to expose yourself by going out, especially when your expected monthly salary may not be worth the risk.

There are freelance platforms where you can sell your services/ skills for a good price. High-income skills like copywriting, graphics, web design and development are usually in high demand and people are usually willing to pay highly for it. Freelance platforms like Upwork and Fiverr pay in dollars. As freelance platforms, you understand that you can work from the comfort of your home instead of going out, thereby risking yourself.

Earlier this year, financial experts projected there’s a 72% chance the CBN is going to devalue the naira by 5-10%. Recently, the price of crude oil dropped. Considering that it’s Nigeria’s major export you can already tell how this will affect the currency.

Apart from the comfort working on global freelance platforms give you, you also earn in dollars, not naira. You could get paid as much as $20 per hour as a newbie. There are people who charge $100 per hour.
The current exchange rate for dollars is N365. I don’t need to tell you that for every dollar you earn, you’re 365 times richer than the Nigerian earning its unit equivalent.

Today is a good day to think creatively and proactively. You don’t need to wait till the government takes similar drastic measures like the aforementioned foreign governments did before you start thinking of an online source of income.
Take a step today. Learn a high-income skill like copywriting, register your skill on freelance platforms like Upwork where you’ll work with clients who value your work and will pay you well for it.

Happy new month dear.
how do I contact you,a friend is looking to learn copywriting and graphics design.

(1) (Reply)

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