Recession shapes & work-from-home jobs

Here’s what “recession shape” letters mean — and why they won’t be the same for all of us [The Penny Hoarder] DAILY DAILY July 28, 2020 Hey Penny Hoarders, Sometimes, learning about personal finance makes you feel like a preschooler learning their ABCs. If you’ve been hearing the letters V, U, W and L being thrown around a lot recently, there’s a reason: Those are called “recession shapes,” and they’re pretty important — but also kind of not. We’ll explain what we mean in a second, then, we’re talking about what travel insurance will (and more importantly won’t) cover, how to find affordable homeschooling help if you’re choosing that route and a work-from-home job in the fashion world. [Investing]( V, U, W, L? Here’s What Those Recession Shapes Mean — and Why We Aren’t All in the Same Recession Maybe you’ve heard buzz about recession shapes — whether this one’s shaping up to be a V, U, W or even an L — or maybe the concept of these shapes is totally new to you. But here’s the thing: No matter what the economists decide is the “official” shape of the recession we’re currently in, the recession is going to feel very different based on the type of work you do, where you live and the resources you had pre-coronavirus. Not sure which recession shape best defines your situation? Check out our crash-course in recession shapes. [Read Now]( Not So Fast Flights are cheap and the next couple of years are unpredictable — which makes it tempting to book a vacation in the hopes that by the time your departure date arrives, the worst of the pandemic will be over. But don’t cross your fingers and click “buy” just yet: Travel insurance doesn’t cover pandemics, [which means you’ll most likely lose out on that money]( if the coronavirus ends up affecting your plans. [Save Money]( [4 Solutions for Affordable Academic Help During the Upcoming School Year]( by Nicole Dow You’ve Got Options Trying to avoid crowded, germy waiting rooms — but need to see a doctor? Try telemedicine. [Here are four affordable options]( (available even to people without insurance). Find Your Work-From-Home Job Got a passion for fashion? [VIPdesk Connect is hiring a representative]( for the Chanel (yes, that Chanel) customer-service program. The job is available in 18 states — but if it’s not available in yours, no worries: We’ve got more where that came from! [Check out our work-from-home jobs portal]( to see an up-to-date list of remote jobs available now. SPONSORED Today's Quick Picks - It’s incredibly easy to rack up credit card debt — but it can be really, really tough to pay it off. Not sure where to begin? [Our guide to paying off credit card debt can help](. - You might be hurting your own chances of becoming a millionaire. No, really! Here are [some small things you could be doing to help you on your way]( to accomplishing your big financial goals. - We love a good freebie around here — especially when that freebie is a free stock. We researched the best, most legitimate investment companies, apps and trading platforms that offer something for free. [Here’s what we found](. Follow us on: [Facebook]( [Instagram]( [Twitter]( [Pinterest]( [YouTube]( [SHARE WITH A FRIEND](mailto:?subject=Check out this newsletter from The Penny Hoarder&body=Hey!%0D%0A%0D%0AI've been reading The Penny Hoarder newsletters and thought you'd be interested too.%0D%0A%0D%0AI get smart tips and strategies for making and managing money delivered straight to my inbox. Let The Penny Hoarder help you re-prioritize and improve your finances. Click here to see the newsletter I just read!%0D%0A%0D%0Ahttps%3A%2F%2Flinks.thepennyhoarder.com%2Fe%2Fevib%3F_t%3D23a8fe520b1043d0ac0c91a3ebd443bb%26amp%3B_m%3Db1c81ecac50e41189f50bb21416f778b%26amp%3B_e%3D4Bf1CgdNY3Pe5Xvnx2AiKFY9PnoQXpADG22k2ka3NAeeVleTZ_o6EcxcjdopZdwYFbUm1_Prp8ti3HoRoxQg3WBIXfWU2_rq6KZfFEta4vFwfoq7a8hE-OdTvwqfBq0K%0D%0A%0D%0A%0D%0AIf you like what you see, sign up using the link below.%0D%0A%0D%0A [Image] The Penny Hoarder | 490 1st Ave S, Suite 800 | Saint Petersburg, Florida 33701 | United States [Update mailing preferences](. If you no longer wish to receive emails, [unsubscribe here](. Questions? View our [Privacy Policy](. [View this message in browser](.