I came across this article by Mr and Mrs Budget recently about what is important right now is job preservation.
And I couldn't agree more to this because judging from the current situation, losing your job right now would mean it will be tough finding another.
Of course, in the article, there were some tips given that can help you keep your job but there are certain industries where headcount had to be cut no matter what due to the industry being hit.
For my cousin, he works in the hospitality line and they have been hit really hard! He now takes a 80% pay cut and works only 1 day per week. As a sideline, he applied to be a temperature screener to earn some extra cash on other days.
He has a housing loan and both his parents are not working at the moment so if this continues long term,...