Finding Money in the Middle of a Pandemic

After going through the COVID-19 Pandemic for more than a year now, we have all seen the economic impact it has had on us. The impact of this pandemic has been more than economic for many families. If you were to consider the dizzying statistics of the number of people infected with COVID-19, and the loss of life, it would be heartbreaking. Unemployment levels have been high throughout this past year. Far too many people lost their jobs as well as their homes. It has been a struggle to not only avoid the deadly virus, but to provide for basic survival needs.

It is true that there have been food banks around the country providing food to those who are in need. It is also true that the US government has thrice provided stimulus funds to help Americans get through this pandemic. However, what happens to you when the food banks and stimulus funds are not enough for you to support your family? Most people who lost their jobs did so because so many businesses were forced to close due to the pandemic. 

There has been hope because vaccines are now being distributed across the country, and more people are getting vaccinated. The problem with this is that there simply is not enough vaccine to go around, and/or not enough people to administer it.

The upshot of all of this is that despite everything else happening, you may still need a job. Preferably a job that will allow you to work from home. Obtaining a work from home job will not only help you with your economic condition, but it will keep you safe from the virus.

What Should I do Before Searching for a Job at Home?

As with any job search, the first thing you will need to do is to make sure that your resume is up to date. If you do not already have a resume, there are tools available to help you create one. You want to update your resume to ensure that you have your current skills listed, allowing you to become more employable by prospective companies. In this day of remote work, the better your resume looks, the more viable your job options will become.

I Have an Updated Resume. What Happens Next?

Once you have a current resume, you can begin to upload it to the various online job search websites. Job search websites serve two functions. One is to have your resume out there, so prospective employers can see it. The other allows you to search for jobs based upon your skill sets.

It is important to note that you should keep up an active search daily to increase your chances of finding a new job. You should submit your resume to as many prospective employers as possible. The more you put yourself out there, the greater the odds of finding a job will be.

Please keep in mind that some employers may be more impressed with your overall job experience than with any skill set. Having a great work history can really work to your advantage with any job search.

There may be times when you will get discouraged during your job search. It is important that you do your best to fight through that. If you get discouraged, and stop searching for a job, you will not be able to fix your current economic situation.

I Have Been Searching for a Job for a Long Time, and I Need Cash Now.

If you have been unsuccessful in your job search, there are other ways you can get cash quickly. Sometimes, you will need to search for a job for months before you find one. In the meantime, your bank account balance may have been dropping ever closer to zero. This may leave you wondering what you can do to get cash quickly. 

If you own your home, and have equity in it, there is a path to finding cash quickly. Have you ever heard the term “reverse mortgage” before? If you have not, or you just do not know what it means, here is an overview.

A reverse mortgage is a loan that you can take out against the equity of your home. The equity of your home is the difference between the market value, and what you still owe on it. If you still owe more than the market value, then your home will be considered “under water”. This is also known as “negative equity”. In that scenario, it may be more difficult for you to obtain a reverse mortgage.

You can always call around and see what your options are by comparing rates or using an online calculator like the one by All Reverse Mortgage. Their calculator helps you figure out if this is an option you should pursue further or not.