The COVID-19 pandemic took everyone by surprise. No one was fully ready despite numerous warnings from scientists for a possible pandemic for decades now. Moreover, a lot of people dismissed it as an isolated case that would probably be contained in one area, just what happened in the past with the SARS, bird flus and swine flus. But the inevitable happened. The virus spread from Asia to Europe and to the Americas at a very rapid pace. And soon, everyone on the planet just woke up to a whole new world. As of this writing, more than 35 million people around the world has already been infected with over a million deaths. We can no longer undo the past but now is the time to learn the lessons from the devastating experience. As we look forward to reliving our life again in the new normal, here are lessons learned from Covid-19.
1.Health is Wealth.
People don’t generally take care of their wealth especially when young. it is common knowledge that health is the most important thing in life. Yet people only starts thinking about their health when there is already some form of illness or disease. This is because it is hard to resist unhealthy eating habits and behaviors. The pandemic reminded us to take care of our health.
Covid-19 has been dubbed as a ‘lifestyle virus’. This is because a great majority of those hospitalized, with severe symptoms and those who died have underlying illnesses. And these underlying illness are mostly lifestyle illnesses, or those illnesses associated with a person’s lifestyle. Hypertension, heart disease, diabetes, obesity and cancer are some of the lifestyle illnesses.
If we want to survive this health crisis, it is now time to rethink and change our lifestyle. Develop habits that will improve our immune system so our body can naturally be able to combat viruses and other illnesses.
2. Proper Hygiene
Good personal hygiene is the best way to protect yourself from the virus. A simple act as washing your hands with soap and water can be a life-saving action. Not only does it protects you, it also protects others. The practice of good personal hygiene can prevent you from spreading the virus to others.
3. Importance of an Emergency Fund
Because of Covid 19, many people faced reduced hours while some even lost their jobs and businesses. Unfortunately, not all people from around the world received government aid. The pandemic is not simply just a health crisis, it is also a very challenging time financially for most people. Just imagine what happened to those families who do not have an emergency fund set aside.
Going forward, now is the time to seriously consider setting aside a portion of your future income as an emergency fund. The rule of thumb is to save at least 10% of your income a month. The money jar budgeting system is the best guide on how to budget to ensure that you are ready for the next emergency.
4.Importance of Diversification
If you are a stock market investor, you probably watched in horror as the market dropped significantly. Investing in one company or one industry alone would have hit you badly especially if that industry has been greatly hit. Examples of such industries are airlines, tourism and hospitality. But if your portfolio is diversified, like you also have investments in health care or consumer goods, then you have minimized your losses. The market is very volatile and unpredictable. Diversification is the only way to manage risk.
Diversification is also applicable to all kinds of investments from real estate to businesses. For example, you invested all your money in a restaurant chain. And that restaurant closed down because of the lockdown. Another example is what you invested all your money on real estate rental properties. And because of the pandemic, the tenants all left leaving you with no income. And worse, you still have to pay mortgages for the properties. With diversification, all these scenarios could have been prevented. Always remember to not put all your eggs in one basket.
5. Having People and Healthy Relationships
Ever since the outbreak, most people have been spending their time at home. This is the perfect opportunity to spend more time with family and loved ones. It is ideal for those people who have healthy relationships with people close to them. But what about those people who have not so good relationships with their family? Being trapped at home for months with people that you cannot stand and fight with can be a nightmare.
It is the same thing for people who live alone because they don’t have living social interactions with others. In a study done by Martina Luchetti from the Florida State University College of Medicine, they found out that living alone increase the feelings of loneliness.
6. Respecting Other’s Personal Space
Respecting other people’s space is one thing that we normally taken for granted. With Covid-19, we learned how to respect other people’s space. When someone goes near us, we feel uncomfortable. In the same way that they feel uncomfortable too if we get near them. That’s why we become conscious of our space and other people’s space.
7.Having Goals and A Routine
Having daily goals and a routine is good for your mental health. Goals will give you something to look forward to. Instead of dwelling on the uncertainties of the now, your focus shifts to a dream of a better tomorrow. A routine on the other hand is a good way to combat boredom. It is also an effective way to make you feel in control during times of great stress. It will keep you busy and takes your mind off things.
8. Importance of Gratitude
With all the negative things happening around, it is so easy to fall prey into negative thinking. Instead of reading the news or opening your social media account, why not start your day with gratitude. Gratitude shifts thinking away from the negative and into the positive. Instead, gratitude makes you focus on your blessings.
How about you? What lessons have you learned from this whole Covid experience?