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.
You've made some pretty good points, shelter, food, and other expenses like clothing and health care are the basic things humans needs for survival whether during economic crisis or stable economy and If we as humans can prioritize them and cut our cost by spending unnecessarily and on the right things then we'll be good to go. I also think as humans, we should be good planners and always be prepared against difficult situations.
If all humans could key to these vital points you've made, then the world would be more better, cause a good number of people would be ready and prepared against poverty, inflation or economic crisis. Well I think the most people that would likely take this seriously and apply it in their everyday life are those living in a good society with lots of opportunities that could help them achieve that.
Now the question is, how about those living in a society where there are no opportunities to be educated or places where they can't get help or good connections from professionals and colleagues, or a society with bad government that are leaches and make life miserable for it's citizens. I believe there are people with man power but lack the opportunity to learn or build their skill set, now how do they survive?