FIVE WAYS TO MANAGE FINANCIAL CRISIS.
Crisis is part of our day to day activity as humans.
In trying to get things done, we are sometimes faced with crisis.
Crisis are always meant to teach us new things.
Too many people have committed suicide as a result of financial crisis, but if only they have believed that all crisis can be managed and overcome, they would have still be alive and Fulfilling their dreams and vision.
Never you allow what you are going through affect your Hope , because to lose your Hope is to lose hold of your destiny.
I want to look at the following points.
* Itemize what you need: In moment of crisis always go for what you need and delay the things you want.
* Buy only what you need: you must buy only the things you need at your crisis moment, manage with them until you are able to overcome your financial crisis.
* Live within your means: Never you spend beyond your means, let all your expenses fall within your means. Avoid credit.
* Delay major Project: you must delay some major capital project until there is a surplus flow of finance.
*Save: you must learn to save more, money you didn't expect to come should be saved.
As long as we are alive it is necessary that we must prepare for the unexpected and unforseen because it is the nature of life.
Crisis is part of our day to day activity as humans.
In trying to get things done, we are sometimes faced with crisis.
Crisis are always meant to teach us new things.
Too many people have committed suicide as a result of financial crisis, but if only they have believed that all crisis can be managed and overcome, they would have still be alive and Fulfilling their dreams and vision.
Never you allow what you are going through affect your Hope , because to lose your Hope is to lose hold of your destiny.
I want to look at the following points.
* Itemize what you need: In moment of crisis always go for what you need and delay the things you want.
* Buy only what you need: you must buy only the things you need at your crisis moment, manage with them until you are able to overcome your financial crisis.
* Live within your means: Never you spend beyond your means, let all your expenses fall within your means. Avoid credit.
* Delay major Project: you must delay some major capital project until there is a surplus flow of finance.
*Save: you must learn to save more, money you didn't expect to come should be saved.
As long as we are alive it is necessary that we must prepare for the unexpected and unforseen because it is the nature of life.
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