Quote from: Spaceman1000$ on February 20, 2024, 09:50:29 PM

Quote from: Phenom Lizzy on February 20, 2024, 08:13:21 PM

In tough times, Identify and prioritize crucial expenses like housing, food, and health care.
Create a realistic budget to manage your spending and cut unnecessary expenses.
Save money for unexpected expenses to provide a financial safety net during difficult times.

Explore additional income streams, such as freelancing or part-time work, to boost financial stability.
Enhance your skill set to stay competitive in the job market or explore new opportunities.
Connect with friends, colleagues, and professionals to discover potential job openings and gain valuable insights.

Adapting these strategies can help you navigate challenges and maintain financial resilience during economic downturns.

If the economy of a country is bad, it is good to apply some of the ideas you've mentioned out, in a bid to survive and easily navigate the challenges a bad economy will bring. But one thing I want you to realize is the fact that, the bucks stops at the table of the government of that country, the government are the highest revenue generating agency of a country, all the money that are coming in and out of the country is on their table, they know how to give policies that will directly affect the livelihoods of people.
So for me, it is always good to call on government to fix the economy, because you can actually do all of these things you mentioned and yet you still find yourself lacking behind and still struggling to meet up with economic demands.

But to me, these things that the OP mentions are all useful, whether the economy of a country is good or not. These tips can be even more useful if the economy of a country is bad because these are the things you can adapt to make things easy for you, even if you are earning a small amount of money. I believe things will not be hard for you, like they will be for people who do not have a plan on how to spend and make more money. Although at some points a country also contributes to the hardship of the economy for its citizens, everything that has a plan ends well as wanted. and that is what some administrations have failed to do for their country's economy to lift up.