Financially Surviving Covid-19
Bona|June 2020
Our finance guru, Sinesipho Maninjwa, shares advice on how you can navigate and survive the financial impact of the coronavirus.
Sinesipho Maninjwa
Financially Surviving Covid-19

My day job is within the financial services sector, and I have a few side hustles, including writing and public speaking. When I started out in 2020, I had hope and ambitions regarding my earnings and growth within both my day and side hustle life. I also hoped to travel. That, unfortunately, turned out to be a pipe dream, as we all are now coming to terms with COVID-19. As a principle, I don’t like to discuss my own personal earnings, but I can say the ambitions of upgrading my car have been put on an indefinite hold, and the long-awaited trip to Europe is not happening. Regardless of the costs of unearned revenue; like many of you, I have no choice but to keep it moving.

I hope that by the time you read this, the strict lockdown period for COVID-19 has come to an end and we are returning to some level of normalcy. I think we can all honestly agree that when we envisioned what 2020 would bring, no one could have imagined that as the world and as a country we would face the pandemic known as COVID-19 (medically known as Severe Acute Respiratory Syndrome Coronavirus 2 ((SARS-CoV-2)).

Although the restrictions are undeniably necessary and important for the health of the country, no one can ignore the severe impact that this has already had and will continue to have on your wallet and personal finances. Here are some of the things I’ve learnt that might help you keep your head above water:

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