The experts continue their competition in oil price forecasts and exchange rates and offer crisis scenarios that are not encouraging most of the time. How can you fight against that massive panic and survive the financial crisis not only with minimal losses but also with benefits for yourself? These three simple tips will allow you to keep your mind clear in difficult times and remember that any complexity always has a hidden possibility.
Do What You Love
The statistics on the labor market are not very encouraging. Seeing massive job cuts and lower wages, you can fall into despair, or you can use the delay as a chance to reconsider your career aspirations. Be truthful to yourself and answer the question: do you do what you love?
Do you enjoy your profession? Do you feel that you are doing something better than the others do, or have you stuck in boring and completely not your business for the last few years? Would you like to give it up?
There are many inspiring stories about how former bank employees and HR managers gave up everything, causing shock and bewilderment in others. These people decided to make a dearest dream come true and became English teachers, journalists, film directors, florists, chiefs, and achieved success.
Finding your mission is not an easy task. You need courage, some madness and willingness to take risks. Such risk looks not only valiant but is also quite justified in the present conditions of instability and unpredictability. Right now you have, as Steve Jobs said, “no reason to refuse to follow the voice of your heart.”
Learn To Save
Even if you do not consider yourself a spender, the new circumstances can be a good motive to reconsider old habits and learn not only saving, but to become a real financial director of your own life. Regularly you need to save 10% of your income. Use some apps to find discounts at grocery stores. Cook dinners at home instead of spending money on expensive lunches in the restaurants. Finally, start keeping the records of income and expenses. These simple tips are well known to all of us, but few people really use them in life.
By the way, the modern gurus of personal development states that the ordinary record of daily spending and cash flow will save more than 10% of your budget! Therefore, we should take this expert advice and implement healthy financial habits into our life.
Keep On Learning
Self-development is one of the best ways to survive difficult times. First, a study is a proven cure for stress. Secondly, in a situation of uncertainty, the most profitable investments are in your own intelligence. If the crisis provoked an unfortunate break in your career, then consider that you have some precious free time. You can spend the time on something you have promised yourself to do for so long: learn a foreign language, master the technique of blind printing, finally understand the intricacies of creating presentations in PowerPoint and learn how to create websites…
Do not be lazy to spend some time searching for favorable offers. Schools and training centers always reduce the price of their services in crisis. In most cases, you won’t need any paid courses at all. You can find dozens of educational resources on the Internet that will help you to understand the grammar of any language and the peculiarities of programming, and it is free.
You can survive a financial crisis with the least losses if you approach this issue wisely. Don’t waste your time. It is better to study the experts’ advice in this field.