The Covid-19 Pandemic has ringed the alarm bell of people's finances. It actually destroys a lot of people's livelihood.
Take a look at Warren Buffett's famous quote: "It's only when the tide goes out that you discover who's been swimming naked."
A black swan event like the outbreak of the current coronavirus epidemic actually brings along with the moment of truth - whether you are well prepared financially forcrises or not. The world is simply a jungle and the market is the punishment. If you failed to take care of your personal finance, you will finally be punished by the market.