How to Save Money During Coronavirus

Use this period to save on gasoline, dinners at restaurants, travel, treatments at beauty salons. Some parents will not even see and pay nannies for a while, who regularly babysit for them.

This tense and stressful time is hard for us all, though some sociological interpretations say that the corona has brought about some “positive” changes, such as spending most of the time with family, slowing down the pace of life, spending less money.

Now that citizens, or workers, are in large numbers “stuck” at home, we can say that “better conditions” for savings are being created. And to wish, we have nowhere to spend money: movement is restricted, and restaurants, clubs, gyms, malls and other places – do not work.

Those workers who did not get fired during this crisis, who work from home for full-time and full-time pay, have a high chance of putting more money into savings accounts at a bank, or in a “black days” drawer. There are almost no unexpected costs, and the only things we stand out for each day are food and hygiene products.

Business Insider allocates five costs that we otherwise have, which are now, in self-isolation, “disabled.” You can turn that money into waste.

1. We don’t drive; we don’t pour gasoline

How often do you refill your petrol, in normal circumstances? At least once a week. Some safely and more often, it depends on how far they travel to work and where they all go in the car after work hours. Those who pay for parking or garages every day know how much it can cost, and now it is gone. If, by the way, you take the ride and now work from home – you will also save for a monthly stamp or day tickets.

2. It can be done at home

We rarely count the amount of money we spend on “outside meals”, whether it be bakeries, restaurants or canteens at work, and we spend almost as much on coffee to go or socialize in cafes. Neither will these costs for a while. Although in normal circumstances, we have the time and the conditions to make our meals, and to have lunch or dinner at home, many employees who work all day – they don’t do it. Plus, there is the money we give when we go out on weekends, go to the movies, the theater, and other fun places.

3. Travel? No, for a while

The borders of the countries are mostly closed, reservations are canceled, people are sitting at home, and the tourism sector is mostly suffering. For a while, we will not look forward to traveling and touring countries around the world, but will, therefore, save the money planned for just that. Some may undoubtedly set that amount aside for travel when possible, and in the meantime, some may find it more meaningful. In any case, as long as money is in the drawer – the money is safe.

4. I am my “housemaster”

Because of the state of emergency, wellness centers, beauty salons, gyms, and all other facilities are closed, we will have to do treatments ourselves, exercise at home, or relax in the tub. This discomfort, however, can have its benefits: you will save big money every month because it hates you to take care of your hair or nails on your own. The good thing is that gyms will “freeze” your membership fees, but you will still need to be a trainer for a while.

5. Nannies on break

Many parents work overtime and are unable to pick up their children from kindergarten or school on time. They do not have grandparents available, so they are forced to hire nannies, for whom they have to give a lot of money every month. Now that work from home is introduced almost everywhere, it will not be necessary. Even though you are dedicated to working during the day, you must be at home and able to look after the children and then have a whole afternoon just for them. Make sure you use “nanny money” later on wisely.