The practical guide striving through recession caused by the covid-19 pandemic. Adapt early to the new normal.
What you will learn
List to cause and effects of the recession caused by covid-19 into the life of an individual.
Keep yourself on top of the recession-related issues and easily striving through the recession caused by the covid-19 pandemic.
Device a master plan to overcome recession and stay out of the traps of recession associated distress.
Description
Welcome to the comprehensive course on Striving through recession caused by the covid-19 pandemic.
R Tutor is a team of training professionals who explain complex information in the simplest form with relevant examples. At the onset of the COVID-19 crisis, financing for sustainable development was already in a critical condition. Prior to the COVID-19 crisis, tax revenue, the major form of domestic public resources and the single largest source of development finance, had been insufficient in a large number of countries.
You need to take charge of your own situation and plan a way out of the devastating situation. Learn the practical ways to strive for recession on your own. This course covers every aspect of the application. It helps you master the most needed knowledge and to create create a pool of wisdom by completing this course, Striving through recession caused by an epidemic.
On completion of the course, you will be able to:
List to cause and effects of the recession caused by covid-19 into the life of an individual.
Keep yourself on top of the recession-related issues and easily striving through the recession caused by the covid-19 pandemic.
Device a master plan to overcome recession and stay out of the traps of recession associated distress.
No prior knowledge on this topic is required.
Everyone can take this course and is best suited for:
Individuals and families facing the impact of recession due to covid-19.
Professionals and business owners looking to minimize the effect of the recession.
Everyone who is involved with any kind of business or financial institution.
Your wait is now over. Here is the course which helps you get started and fully equip you with the protective measures against recession.
It’s the beginning of the new normal! Enroll now!
English
Language
Content
Introduction
Introduction
Course description
Prerequisites & Target audience
Course objectives
Table of content
Common types of epidemics
Chikungunya
Cholera
Influenza
Lassa fever
Ebola virus disease
Nipha virus infection
Marburg virus disease
Corona virus infection
The Impacts of a pandemic
Major Lockdowns
Feeling stressed, anxious, exhausted
Feeling sad, overwhelmed or angry
Shock, feeling ‘numb’
Uncertainty about the future
Feeling lonely, isolated or withdrawn
Feeling unwell – headaches
Difficulty sleeping, eating
Weight loss/gain
Resentment or blaming others
Increased substance use
Thoughts of suicide or self-harm
The 5 Stages of Grief & Loss
Stage 1 – Denial & Isolation
Stage 2 – Anger
Stage 3 – Bargaining
Stage 4 – Depression
Stage 5 – Acceptance
Coping With Stress – Pandemics
Talk about it
Spend time with friends and family
Take care of yourself
Limit exposure to images of the disaster
Find time for activities you enjoy
Take one thing at a time
Do something positive
Avoid drugs and excessive drinking
Ask for help when you need it
How to survive recession
Preparing for a recession in advance
Create an emergency fund
Pay off all possible debt
Create new income opportunities
Branch out your investments
Reduction in regular expenses
Keep the money flowing in
Keep saving as much as possible
Find ways to enjoy life
Understanding recession
Definition of recession
What happens during a recession
Average duration of recession
Causes of recession
Recession due to natural disaster
Recession due pandemic
Recession due high interest rates
Recession due a stock market crash
Recession due falling housing prices
Recession due Industrial slowdown
Recession due to regulation
Recession due to poor management
Reason for 2008 recession
Reason for 2020 recession
Emotional Effects of recession
Loss of jobs and employment
Disturbed family life
Unwanted lifestyle changes
Crunched family budgets
Lack of business opportunities
Fluctuation in real estate value
Loss of education opportunities
Increase in debt
Financial effects of recession
Costs Associated with Direct Losses
Costs Associated with Indirect Losses
The Commodity Effect and Scarcity
Opportunity Costs
Stop Impulse Buying
Create a 30-day waiting list
Avoid going to big malls
Reward yourself without spending
Avoid online shopping websites
list and a plan for your purchases
Check reaction to impulse buying
Research alternatives before a purchase
Healthy food tips in epidemic
Keep up fruit and vegetable intake
Dried or canned alternatives
Build up a stock of healthy snacks
Limit highly processed foods
Make cooking and eating a fun
Maintain General food hygiene
Drink ample water
Take citrus food and Multiviamins
Moonlighting Jobs to Earn Extra
Elderly Companion
Delivery Driver
Hotel Night Desk Clerk
Bartender or Hostessing
Caterer’s Assistant
Beach or Pool Lifeguard
Warehousing
Local Tour Guide
Dog Walker
Freelance Blogger & Writer
Money tips for salaried earners
Make a budget & start saving
Frame your financial goals
Invest in right instruments
Maximise tax savings
Opt for the right insurance
Improve your salary structure
Save for an emergency
Avoid debt traps
Saving on day-to-day expenses
Reduce or eliminate dining out
Cook all meals at home
Reduce intake of Soda
Prepare coffee at home
Do your own personal grooming
Clean your car at home
Avoid professional dry cleaners
Exercise without Gym
Travel economy
Solutions to get rid of Loans
Reading Law books related to Debt
Prioritizing the loans
Stop taking further loans
Pay yourself first
Self-repayment plans
Consolidating Loan
Voluntary Depositing
Credit Counselling
Negotiation
Debt settlement
Assets Liquidation
Debt relief Order
Protected Trust Deed
Bankruptcy
Recap
Recap
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