As a freelancer, I'm earning 1,000 less per month on unemployment, but the steady paycheck has saved my sanity during COVID-19

Get the Full StoryAlexis Rhiannon

When the pandemic began, I lost a chunk of my work as a freelance writer and had to apply for unemployment benefits.

Though I'm earning about 1,000 less per month on unemployment, the steady paycheck has been a godsend during this time.

While I earned over 4,000 writing in March, I'm still waiting on some of that money. With unemployment, I know exactly when I'll be paid and how much, and can plan my life accordingly.

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Like many Americans, I've experienced the financial effects of the coronavirus pandemic head-on, watching my retirement account shrink, my interest rates drop, and turning to unemployment insurance to supplement my plummeting income.

But even as writing assignments dry up and freelance budgets are slashed industry-wide, I've seen an unexpected improvement to my financial life as well: a set payment schedule. It turns out that it's hard to overstate the stabilizing effect of a steady paycheck, even if the amount of said paycheck is significantly lower than what I'm used to bringing in.See the rest of the story at Business InsiderSee Also:Let's talk about his face for a minuteDr. Fauci swooped in to defend coronavirus czar Dr. Birx after Trump called her 'pathetic' for acknowledging that the coronavirus pandemic is getting worse in the USTailored Brands, owner of Men's Wearhouse, files for Chapter 11 bankruptcy amid economic fallout from the COVID-19 crisis

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