I always wonder why many are having difficulty achieving financial stability. This is my assumption based on the many contents that talk about their financial difficulty especially during this time when everything is made difficult by the effects of the pandemic. It's all over the news, many people require financial aid from the government. I may not have an accurate detail about this matter but everywhere I look, many seems to be facing financial struggles.
There are many sectors of the industry that are directly affected by this situation, the tourism industry is mostly affected. A few weeks ago, I watched a short documentary in which an orchestra conductor was forced to go back home from Russia to Singapore since there are no events that require his talent in conducting an orchestra anymore.
Although he was able to get back home, it's equally challenging to find a job that suits him. As a result, he made a decision to simply be a food delivery rider.
It's saddening to see that great talent is left with no choice but to hold back on his dream job and do other things instead just to make a living during this pandemic.
I really wonder what makes cryptocurrency thriving during this hard time where many is struggling to make ends meet.
What I think is happening is that while many of the industries are struggling, there are new ones that are rising during this situation. It's obvious that the medical industry is the one that is thriving. Some of the industries are adapting to the situation and pivoting to cope up with what everyone needs during this time.
While many of the novelty businesses closing, there are basic needs businesses that are opening day after day. It goes to show that industries are shifting in a new direction. A direction with a focus on what people need. Although there are still exemptions to this situation, I feel that many were also forced by the situation to either close down or shift to a new way of doing business.
I heard that the effects of the pandemic will last for a few more years and so the only way to cope up with this situation is to accept the fact that everything has changed. And that we should be adaptive enough to realize a new way of life and a new way of securing our financial stability.
