Written By Damion Anglin.
The year 2020 will forever be remembered by the impact COVID-19 had on the world. This pandemic brought about economic shutdowns, mass causalities, record unemployment, disruptions to the education system and a serious compromise of our overall health and wellness. While its effects have been categorized as catastrophic; there are important lessons that COVID-19 has forced us to learn. Life in the new normal will require us to apply those lessons as we move forward and protect ourselves from any future crisis. Though our response to the pandemic varies, some key lessons have been brought to the fore.
A HEALTHY ECONOMY IS A PRODUCTIVE ECONOMY
The health of a nation weighs heavily on that nation’s economic success. As a result, we are continuously reminded of the importance of knowing our health profile and having access to the necessary treatment and maintenance mechanisms. This pandemic has also taught us the importance of faithfully observing proper health and sanitization practices in our everyday life.
ALWAYS HAVE A
CONTINGENCY PLAN IN PLACE
It has become even more evident that every individual has to establish a contingency plan that can be quickly and effectively executed in the event of unemployment, emergent need to relocate due to natural, health or environmental disasters or any other situation that may disrupt daily life for an extended period of time.
PLANNING ENSURES SUCCESS
COVID-19 has also taught us the importance of having plans and protocols in place for dealing with crises. Whether natural disasters, man-made or health epidemics, it is important to have a system in place for protection, survival and recovery.
DO NOT PUT ALL YOUR EGGS IN ONE BASKET
We’ve heard the saying many times before, however, COVID-19’s shutdown of many industries has re-emphasized the need to diversify. Whether it is your income streams, talents or investment opportunities; having several stable options to bolster financial independence in the event one avenue is dismantled has to now become the norm. One channel is no longer enough.
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