Post
Topic
Board Economics
Re: Some Strategies to Face the Next Crisis
by
Vatimins
on 03/07/2020, 18:56:17 UTC
   • Try to cut down your present cost and save a portion.
    • Hold a handsome cash in hand or any savings that can be immediately convert into cash. Even if needed to make encash any long term savings, do  
       it.
    • Don't invest in any long term project at this moment.
    • Don't buy any luxurious goods for you or your family.
    • Don't engage in any borrowing. You should try your best to avoid it.
    • If you are salaried, concentrate to your own job seriously so that your organization don't get any scope to release you from the job temporarily or
      permanently.
    • And finally you should find out some of your own policies to face any serious moment.       

     I'll be saving these in my notes. posts like this one really does help. I hope you also posted the same on some social media apps so that more people would also be able to see these suggestions you have mentioned. The sad thing though, is that most of the people who actually gets to see this would obviously be able to comprehend these suggestions but would most likely ignore these and would rather choose to indulge in the wrong choices they have in mind despite knowing the grave consequences that may occur in the future. And when all things go to crap, most of these people would be pointing their hands to the government when they only have themselves to blame. sigh. people.

-merited.