Truth be told, before Covid-19 many people want to stay back in their homes and relax after a long day at the office. One of the things you are afraid of is waking up early to evade looking unkempt and the need to rush on the train. Part of your budget is clothing because you must look your best, presentable, and decent every time.
Unexpectedly, the pandemic broke out, and graciously you did not lose your job. Nonetheless, you are expected to work from home. I believe you find this idea very exciting because all the inconvenience of rushing a train to get to work among many other people are no longer required.
Now, to the main question, Is this how you imagined it?
You need to bear in mind that working from home has disadvantages that may not be glaring to you. The idea of working from home in your pyjamas and working at your pace might be interesting, but endeavor to avoid the following financial issues.
First Problem: Excessive spending on Food Deliveries
We can’t deny the fact that we need to help food vendors and drivers earn a living. Likewise, we need to support small businesses at this trying time. Nonetheless, it would help if you were careful while spending. It would be best if you did not rely on food deliveries all the time.
It’s quite convenient, but you need to know that the delivery fees will accumulate in the long run, and you would be surprised to know how much you have spent on deliveries.
While you are working from home, you can prepare your food, be self-sufficient, and are on your way to saving more at the end.
Second Problem: Lack of Budget
Keep the excitement about working from home, although it gives you the chance to save more because you don’t have to spend on transportation fare, new clothes, and lunch-outs, which does not mean you can afford to spend more money on things you want.
You presently need a budget to work on more than ever. You have to save your salary and spread it accordingly on rent, grocery, bills, and amortization. Don’t forget savings and investment when you have a budget you work with it gives you room to be frugal.
Third Problem: Lack of Savings
Many people don’t have the habit of saving, especially during this pandemic period. We can also say your chance of survival is dependent on savings.
Do not allow the pandemic to make you neglect saving habits; always try to place aside part of your salary as savings.
In case an emergency need arises, and you need the money more than anything. Nobody knows how long the pandemic will last, this is when the saying “saving for the rainy day” becomes essential, and it shows having savings is paramount.
Fourth Problem: Terrific Shopping Habits.
Many people are terrified because of the pandemic. You will always meet a lot of people at the grocery store, no matter the time. When it’s your turn to shop, endeavor to go easy on spending and cut out what you don’t need.
Always make sure you buy essential things, so you don’t run out of groceries and have to go back to get more often. Do not spend on snacks and sweets, it will only make you have more bills to pay. Also, they are not nourishing, and it could be harmful to your health. Remember to pay with cash and avoid paying with credit; it will save you the stress of paying outside.
Fifth Problem: Becoming Too Complacent
Working from the comfort of your home has its benefits, and at the same time, has its disadvantages, which include being complacent. You might feel too lazy and want to be in bed and watch movies all day.
This may sound like having the fun you have ever waited for long to have; you must never forget your responsibilities. You can plan your day by having a schedule for work and relaxation. Do not attempt to work in the bedroom to avoid the temptation of falling asleep on your bed. Mute your notifications on your phone to avoid checking your phone each time the phone chimes.
Urgent financial assistance if you are out of the budget
In case you have not been able to work with a budget during the pandemic and need money for emergency needs, do not worry, you have online lending company. Robocash gives 24 hour payday loan to people who need a money to meet urgent needs. Once you are ready, log on to their website robocash.ph to fill the form.
You may be wondering what you have to do to qualify for the loan. Here are the requirements:
- Generate personal space on the Robocash website. The first thing you need to do is fill a form with personal data.
- To do this, you need a valid ID and phone number. It takes a few minutes to do this.
- Fill in how you want the loan transferred. Robocash works with significant partners in the Philippines for you to receive and pay back the loan in a convenient way.
- You need to sign a contract with Robocash. You must consent to apply for a loan. You will receive confirmation code on your phone through a text message. You will receive the Robocash loan without any delay.
Here are some of the benefits of getting a loan from Robocash:
– You can request the loan amount from 1000 to 25000 pesos and its duration from 7 to 30 days.
– You can request a loan by filling out the form at any time of day, on holidays and weekends.
– You can apply for a loan without co-borrowers, collateral and references from work.
While working at home, do not forget to search for other means of earning money. Remember to be grateful for what you have as this time is challenging.