How to pandemic-proof your paycheque Aug 11th

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Back in January 2020, we didn’t think about something like pandemic financial habits, but recruiter Cynthia Coulis is now saving 20 per cent of her paycheque just in case. “I work on a contract basis and so I never know how long I will be working. If the pandemic lasts a long time, I will be in good shape to continue living my lifestyle without too many changes.” 
Why you need to think about your pandemic financial habits 
Whether you’re a contractor or employed full-time or part-time, the effects of COVID-19 hit many people hard financially. As Canada moves to reopen the economy, people are still concerned about the long-term effect on their finances. 
Millions of Canadians lost their jobs. Statistics Canada’s monthly job survey found that from February to April, 5.5 million workers were affected. This included a rise in unemployment of 3 million and a COVID-related increase in absences from work of 2.5 million. In June, employment rose by nearly one million, building on the 290,000 jobs added in May…

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