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Finding Financial Stability After COVID

15th December 2020 by shoestringjane@outlook.com Leave a Comment

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COVID 19 has changed our world in more ways than one. From people not being able to go out and see loved ones to losing jobs – it has been a hard year for everyone and it doesn’t look like it will change much for a few months at least. 

If you are looking to help yourself stay financially afloat during the pandemic and recover afterwards – we have some brilliant ideas for you to try to help you save money and be smarter with your cash. 

Learn to scrimp and save 

It is important when trying to stay financially stable that you learn how to scrimp and save where you can to save some extra cash. There is no need to be going out and buying coffee every morning or splurging on online shops every month – instead consider saving your money for the important things in life and instead focus on putting your money to a savings account. 

Restyle your wardrobe 

One of the things which you might normally spend money on might be clothing. If you are the type of person who enjoys spending money on clothes but you still feel like you have nothing to wear – it is time to make a change and start styling your own wardrobe.

You’ll be surprised how many new outfits you can come up with simply by repurposing your clothes and changing the way you wear them. You honestly will see a massive difference in your style as well as your pocket once you start to take inspiration from Pinterest and create new outfits with existing pieces. 

Cook batch meals 

Cooking is one of the best ways to help you save some money at home this year. If you have spent a lot of money during the lockdown period on things such as takeaways, now it is time to change your habits for the better and save some money.

Take the time and opportunity to plan meals for your whole week and cook large batches of food for your own convenience. You will save so much money and you will be able to eat healthier and be happier. 

Find extra work 

One of the things you can do to help you get back on your feet after COVID is to find extra ways to make money. Making money in different ways such as to find truck loads or write articles can be a good method for getting back on track with your finances. Take the chance to find some new ways to make money from home in your spare time and help save some money for the future. 

Ensure you pay off debts 

One of the things you have to do to get back on your feet after COVID is pay off debts. Start saving a small portion of money each month and use this to pay off your debts one by one. Once you can become debt free you’ll be able to save the same amount of money, but it will go into your own pocket for the future. 

 

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About Me

Would you like to take control of your finances, pay off your debts and save for the future? At Shoestring Cottage we aim to show you that you can live a good and happy life on less than you think, you can get off the consumer treadmill and you can live more simply and healthily and not feel deprived.
We are also moving toward a less wasteful, more sustainable lifestyle and believe frugality and sustainability go hand in hand. Read More…

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