A THREAD:

1a. PROTECT your source(s) of income. You cannot afford to lose your income in a period like this. Do everything to stay relevant. Ask yourself, if your company were to cut down its workforce by half, are you indispensable? Review the skills you have. - https://twitter.com/Requidapp/status/1253367981393969158

1b. How relevant are they right now? Can you do your work remotely? If you can't, this may be time to re-skill or switch jobs. If you own a company, review your business continuity plan to determine suitability for remote work. -

2. Add another source of income. Now you’re your boss. You work from home. You manage your time and other resources. Can you reallocate these resources and conveniently take on an extra gig, without any negative impact on your productivity and efficiency of your current job? -

3. Review your spendings. Are there certain subscriptions that are no longer necessary this period? Now tat you’re working from home, there are things to spend less on - cost of commuting, clothing, “owambe”. Save it. Tempted to spend more on food? Na! Don’t fall for it -

4a. Stay liquid. In times like this, as some people earn less or have issues that require cash to take care of, they dispose of their assets at ridiculously low (or at least, lower than market) rates. You want to be that person with cash to bail them out. -

4b. Imagine buying a house priced at N100m (market rate) at N40m, and waiting it out till after the pandemic, to sell at say N150m (the prevalent market rate some time after the pandemic). -

5a. Save. Invest. Here, you have to be careful though. Target products that are liquid (allow you liquidate your investments anytime you want), with returns higher than the inflation rate (Nigeria’s inflation rate for March was 12.26%). Food is a great commodity to invest in. -

5b. People will still eat in a pandemic. Manufacturing, health and agriculture are great sectors to invest in. @requidapp aggregates safe investments on a single platform, http://reQuid.com . Also consider investing in foreign stocks. You can talk with my guys @trovefinance