After a year of lockdowns, job losses, and businesses shutting down, the future of Filipinos is still full of uncertainty. While many are still struggling to make ends meet, there are some who have adapted to– and some are even thriving in– the New Normal. Here are a few financial lessons we can learn.

​Make money from something you love to do

Whether it be selling home-cooked meals or homegrown plants, many have found that their hobbies can actually be a source of income. If you enjoy cooking, why not package and sell your recipes? If it’s clothes that interest you, try to resell unique pieces– old or new. Start by selling to your friends and family members, and then create an online page where new customers can find you. With all that the internet has to offer, you can reach many potential customers easily.

Learn new skills​

With all the time spent at home, there are so many chances to learn new skills. Watch educational videos on YouTube or attend free online classes on different topics. You might pick up a new skill that could open up new job opportunities. Use the time

Health is wealth​

A short trip to the hospital can burn through you savings very quickly, which is why it’s so important to stay healthy. Eat healthy and get enough exercise, so you won’t have to spend so much on medicines and hospital bills.

Build an emergency fund

Sudden job loss was a big problem for many Filipinos, and many didn’t have any savings to help them get through those times. The pandemic proved just how important it is to save for unexpected instances. If you’re lucky enough to have income that covers all your necessary expenses, make it a habit to put aside some money and save it for a rainy day.