Post
Topic
Board Economics
Re: How do you deal with financial stress?
by
lizarder
on 01/10/2023, 13:27:59 UTC
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.
The life that humans live today is very difficult and there are many people who are unable to make ends meet amidst increasingly worsening financial pressures. The steps I take in conditions like this are trying to live as frugally as possible and when it comes to basic needs I prefer to buy raw materials to cook at home and also limit outside activities that can cost money beyond my ability to earn. Not only in Europe, even Asia is also experiencing this impact, the economy is really getting more difficult at the moment and there are many people who have to stop pursuing education because they cannot afford the fees.

The service sector has a much greater survival rate compared to other sectors which have almost the same impact on buyer uncertainty. A prolonged crisis can destroy the economy of countries/individuals and we are really feeling this difficulty now. If next year this condition does not change, I am sure there will be a recession that will be much more severe than now and we hope that this can end this year so as not to make people more difficult.

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?
Everyone will definitely feel the same way as you feel, especially those who have big responsibilities towards their family. The method may be as I said above, that we must try to live simply and not spend too much money on things that are not too important and try to be more frugal in meeting life's needs for now as much as possible.