Why Legit Timeshares Aren’t Worried About Covid Impact
3 min read
*This article is opinion only and should not be used as fact or to base strategies regarding the coronavirus pandemic or personal decisions.
The enforced shutdown earlier in 2020 was done in an effort to give the United States a chance to catch up to the coronavirus pandemic and protect its citizens. The shutdown had mixed reviews and the virus continued to spread throughout the summer and the fall. The numbers showed improvements in August and September but began to spike again in October as schools began to open again and events started back including football games. We’re those the exact reason or was it something else? It’s hard to say for sure and again, this article is opinion only.
One thing is for sure, whether it’s because or test availability increasing or more cases are happening because of increased interaction, the numbers are not showing a positive shift as we had hoped. This brings us to another question as we head towards the end of the year, will there be another enforced shutdown if the numbers continue to go up? The answer is unknown but from medical publications and media coverage, areas with enforced mask mandates and other precautions are able to stay open and keep new case numbers from spiking.
The hope is that a vaccine will be created before the end of the year and available to the public. However, millions are expected not to take the vaccine as a choice due to the limited time the vaccine had for testing.
What does this potentially mean for you as the year ends? If you work in a field that is struggling because of the pandemic you may want to set a budget and save as much as possible. It’s unlikely that we will need another shutdown but businesses may still slow which could impact your financial status and cause you to dip into your savings. Working on plans for trimming costs as quickly as possible are also smart. This includes getting out of your timeshare, canceling paid entertainment accounts you rarely use like streaming, pay off debt as you can to save on interest payments, try utilizing digital coupons to save on groceries and much more.
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