Kharl Andrie S.

Mativo BSBAMM 2-A

When the pandemic hit us last 2020 everyone even the richest person had the hardest time due
to the economy worldwide is declining rapidly big or small business closed, employees getting laid off
and the demand for hospitals increased and etc.. Thinking about this we should be thankful that we
survived during those time and even now that we are slowly recovering.

Advantages during the pandemic would be a lot of people are able to creative innovative think
due to being stuck at home and being bored and a lot of people started to run their own small
businesses in which they find more comfortable than working in the corporate world and people are
becoming more aware that having an insurance and having an emergency fund is very important since a
lot of people in this world really struggled because they do not have an emergency fund thus a lot of
people specially Filipinos started to become financially literate.

Disadvantages of the pandemic is obviously a lot of people are dying everyday due to the virus
and all businesses whether big or small struggle to make ends meet thus a lot of companies lay off
employees which caused the employees to not have an income for their family monthly needs another
disadvantage is that the prices of the goods shoot up like essential needs like mask and alcohol and even
the jeepney fare increased.