I reluctantly followed the counsel of a financial advisor to fix my finances in order by creating a budget and tracking my expenses, inflow and outflow of cash using an excel sheet. The economy has been crazy in my country so I needed to do something urgently. My greatest realization after this is that inflation all round is destroying my budget. It's been five months now. I am torn between using my emergency funds or selling some of my assets to cushion the effect of this economic situation. What do you suggest I do?
Of course the most preferred answer are your emergency funds.
Why would you sell your assets? Are your assets in Bitcoin? Stocks? Land or property? You have failed to distinguish this in your thread.
Emergency funds can just stay in value but your assets like Bitcoin can either grow or fluctuate.
Like me, I always prioritize my emergency funds and not my Bitcoin without second thoughts.