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.
If our financial structure is stable then we can identify and prioritize important expenses such as housing and health services. However, if someone does not have a stable income, it will be much more difficult to make identification and priorities unless it is directly related to food because everyone needs it even though economic conditions are bad. Food is a basic thing that is quite important to fulfill and if this is a problem then more other problems will arise.
Saving money in conditions like this is very important and as much as possible we will only spend on what we really need. The outlook on life in conditions like this will be much more complicated because we have to prioritize important things to buy and finances continue to force us to continue saving in unstable expenses.
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.
Friendship can increase one's fortune and I don't know how it is related, but from what I have seen when someone has friends, there is always a way to make money. Productivity, seeing opportunities and having the view to work smart always provides the best path for us, as long as we carry out this process slowly and correctly.