Ways to cope with an unplanned financial emergency when you’re unemployed
This unprecedented year has seen a pandemic sweep across the globe, and millions of people have lost their jobs. Businesses forced to close during lockdowns are struggling to recover, with some owners unable to re-open their doors. Others have had to make personnel cutbacks to remain afloat.
Recent surges in COVID-19 cases could see more job losses looming. If you have lost your job, chances are you are facing financial challenges. What will you do if an unexpected crisis rears its ugly head?
Take out a loan
Think about applying for a short-term loan if your financial pickle can be …
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