Quote from: Fortify on Today at 05:14:58 PM

Quote from: Ultegra134 on September 24, 2023, 11:20:39 AM

The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet. Just to imagine, I've been looking for an apartment for over 6 months and haven't found anything yet. Not only is there a very limited supply, but those available are either too expensive, poor, too small, or everything combined. Thus, this is creating a huge feeling of uncertainty, as time is running out and I need to get settled down. Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.

I'm not sure if anyone else feels the same, but this uncertainty with the increasing living costs and the ongoing rat race is causing me excessive stress. On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK). I'd be interested in remote working, but the economics field I've studied at university isn't in high demand for remote working, which often recruits IT workers and generally fields that require hands-on experience. As soon as I'm settled down, I'm considering taking up a data analysis course and finishing my master's degree in order to look for more opportunities abroad.

I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.

Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?

The biggest benefit way to can protect yourself financially is building up a buffer if possible, which people have done for a long time in the form of savings. However in the globalized world you constantly need to be earning, learning about new sources of income, taking advantage of many different sources and diversifying your assets. It's no good holding all of your money in one asset, because when crashes come they can be devastating or they can sometimes help to build great fortune up if you have given yourself a solid cushion to fall back on to in bad times. The bad times, when everything looks darkest economically-speaking, is basically the best time to have cash available to buy cheap as everyone is trying to liquidate.

There should really be divisions or allocations on which it would really be composed of savings/emergency funds and then having that diversification with multiple possible investment and businesses on which it would

really be giving out that kind of opportunity for you to make money which it would really be resulting on having no worries when it comes to financial stress. We do really get only stressed out on the time that we do know that we dont have financial back ups or something that you could really make use of but on the time that you do have that kind of financial freedom then you wont really be experiencing these type or kinds of problems on which if you do really have plans on having that stress free living in terms of finances then you should really be thriving yourself for the best and dont make yourself that sitting idle or having no actions because if you do let yourself that getting that passive income without doing that much then you did reach up the pinnacle of success.

Not all would really be ending up on the same state on which even up to now or being long time dealing but still struggling on achieving such state. This is why making some
hardwork and good decision making analysis towards your investment and other ventures would be always recommendable on doing so.