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Another way photographers might switch gears is due to the glut of online content and a dearth of submission opportunities. Wood recommends that instead of working to get into stock photography companies or calendars – which are both oversaturated with submissions and have slashed their payments on the images they do take – consider using the internet differently: Make money by creating a following for your tips and training videos, he said.
Allison Barnes, Scotland manager at The Money and Pensions Service, added: "We know that learning about money when we're young can have a direct impact on our ability to manage money later in life. However, only 45% of seven to 17-year-olds in Scotland recall having had any financial education at school, which means too many young people are at risk of entering adulthood without being prepared for the money-related challenges that lie ahead.
“We need more and we need them faster,” Tedros said. “Immediate donations are vital …but so is scaling up production including through the use of technology transfer and intellectual property waivers.”
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