How to survive in a time of crisis. Wonderful advice from a leading businessman.
In times of crisis, many families experience an acute shortage of finances for buying food and paying bills. For survival, people save on everything, denying themselves the convenience and benefits. However, according to the well-known business exchange, during a crisis, you can not give up the old purchasing power and save some of the money for large purchases.
How to survive in times of crisis?
From our article you will learn how to collect finance for the acquisition of your dreams, while not giving up the usual benefits.
– 1 – Budget planning.
Many people lack an understanding of “leaking” their own money. To understand and control your cash flow, you need to plan your budget in any, even in a “non-crisis” period.
Each family should have a notebook in order to record all expenses in it, even for transportation. So you will understand about the existence of non-obligatory expenses, priority and necessary ones. Obligatory expenses include: payment for school, Internet, utilities. These funds are deposited, because they belong to the inviolable, which should not be spent, under any circumstances. So spontaneous spending will not occur.
It is necessary to learn the right product purchases. For example: buying 2 small chicken fillets, you will spend the same amount of money as for the whole 1, 5 kg of chicken. From the fillet you cook only 1 dish, and from chicken – a few. And such a calculation should be carried out with each purchase.
– 2 – Putting off money.
From all types of earnings, try to postpone at least 10%. This is especially true of time of crisis and collect finance for the acquisition . You must remember that the situation may worsen and you will need savings.
Having deferred 10% and the amount for obligatory expenses, divide the remaining amount by 4 envelopes for each week. So you will understand how much you can spend on products and things. With the money left in the envelope, you can please your family with a trip to an entertainment center or a cinema hall.
– 3 – Do not forget to dream.
You can plan and save money for both short-term projects and high-priced global ones. On a paper sheet, you can draw your dream and material goal for it, which you wanted to have in 2, 4, 9 years. Thanks to these visualized plans, you will add motivation, which will help in competent planning of the budget to achieve your dreams.
– 4 – Do not be afraid of all loans.
If there is an urgent need for money in time of crisis, then it is worth considering the use of credit. You should not use a loan to buy household appliances, if there is no urgent need. But it is possible, if there is an opportunity, to sell something, for the purchase of housing, even with the use of a mortgage, because it is now inexpensive.
With a low salary, you should not chase the latest model of iPhone to buy it on credit. You can not deal with microloans, because it speaks of your ignorance. After all, a microloan is allocated for a huge percentage: from 700 to 100% per annum. And such a sum is difficult, even for a wealthy family.
– 5 – Analyze the prices of products in the nearest stores.
Find such stores where meat is the cheapest and where you can buy inexpensive, but high-quality milk, etc. This will help save your budget.
– 6 – Prepare a shopping list in advance.
When you go to the store, always carry with you a list of products you need. This will help you avoid spontaneous purchases. In large supermarkets, everything is arranged so that buyers make unanticipated purchases and spend significantly more money than planned.
Especially when going to the store with children. They are asking to buy something not very necessary, not planned by you. And you think that this is a penny, and you are not a beggar to refuse the baby. Such is human psychology. Somehow at your leisure, calculate how much your supply to the children in the shop costs you when buying unwanted products and things.
It is necessary to teach the child not to make hysterics and not to succumb to his manipulations. By enduring several times you can succeed. Find the arguments.
Do not buy expensive frozen foods that you yourself can freeze in season. Also, discard semi-finished products that poison health. All this can be done on the weekend and freeze.
– 7 – Be careful with promotional items.
Meat can float in an incomprehensible liquid, sausage on the verge or already overdue, cheese acquired a bitter aftertaste, dirty potatoes half rotten, etc. All these products can be sold at a low promotional price, but they can steal much more from you than you saved. This is your precious health, the restoration of which will have to pay a lot of money.
Or, when you come home, you will make sure that the products are spoiled and send them in the trash. What is the savings?
– 8 – Do not dwell on expensive brands.
Choosing home appliances, clothing, cosmetics, many opt for well-known brands.