Dealing with the financial impact of being out of work

Today, many people in Indonesia have a financial struggle because out of work as a result of COVID-19. If you have lost your job recently, it is time to restructure your finances. This will help you to manage your saving money while you look for another job.

What you can do

Check your amount of money in the bank

Find out your saving money in the bank and make sure your total amount is enough for months. You have to consider using it to shopping or to support your life during the pandemic. It's time to put limits on yourself when it comes to shopping for secondary needs. For example, as usual, you can buy clothes or fashion items in large quantities, so at the moment you can’t buy them. You have to consider whether this is a primary need or just a wish. You can also learn more about managing your finances before the pandemic and during the pandemic.

Draw up a budget

A budget can help you work out how much money you’ll need to cover costs while you being unemployed. If you need help getting started, please check out a money planner to encourage your plan. You would have found a free financial planner on social media.

Consider having a side job

A side job is one of the solutions while you are unemployed and during look another job. You will have found advantages for a side job. In addition, you would have spare money to support your life.

Things to remember

Losing your job can be distressing, especially given the current angst caused by the coronavirus. However, try to remember it is not about you. You deserve to be happy, and you have the best mental health to stay positive thinking.

Advantages and disadvantages of youth association

Most people today have concerns with their kids, actually, with the youth associations. A youth association is a group of young people who have their own goals. As usual, they consist of 5 or more people within the group and, they have a discussion about trends topics on social media. I think they are both advantages and disadvantages of having a group or become a member of a youth association.

The first advantages become a member of a youth association is that we can talk about anything feels free and discusses main topics on social media. Do you know talking with friends is more effective because you have a similar opinion? For example, at the same age, they will have topics about K-Pop or new applications on social media, like reels on Instagram. Secondly, a youth association can support their member in doing something such as a positive thing. In addition, when one of the members is in a hard situation they decide to help them.

On the other hand, there are also some disadvantages of a youth association. Firstly, they would be doing something rude. For instance, they will become thieves, drug dealers, or other criminal activities. Secondly, they will decide to be homeless because want to become free without rules from their parents. For example, teenagers live alone in the city but in fact, they don't have enough money to spend their life.

In conclusion, for parents please watch your kids, actually teenagers, and give them reasons about a youth association. Give them examples and some ideas to make sure your kids understand why you concern about the group.