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.
Well, I did that too. I worked harder by increasing my working hours, namely by entering part-time work to earn additional income on the internet. Because it is not easy to survive in the current economic situation if we only rely on one source of income. So we have to balance it by looking for additional income. Well it's quite tiring. But this is how we can survive in the current economic situation.
But we must always pay attention to health. because health is our main capital. And not only in terms of income, but we also have to rearrange our financial planning, including expenses.