sometimes disasters come without us expecting we never know when experiencing a financial crisis, in anticipation of this uncertainty need levih planned way, on pemahahn this time we will describe how to anticipate the crisis ranging from managing pengluaran, looking for additional income to pay off debt
The first step in overcoming the crisis is to channel the spending of many who are stuck in habits that are not pfrlu that aggravate financial problems
Monitor your spending
start by dividing the budget and keep track of every expense, record how small it is such as the cost of transer between banks or coffee money, you might be surprised to know how much money can be set aside as small as that if in akumulasiakan within thirty days
reduce unnecessary expenses
after monitoring where your money goes the next step is to cut unnecessary spending such as eating out excessive entertainment or irrelevant Subscriptions can be stopped
Increase your earnings
if it is felt that reducing expenses is less effective, steps can be taken by increasing income through side jobs as part-time workers or running jobs that match interests and skills such as gardening, writing, and graphic design. Selling goods around us that if they are not used, such as selling shoes that are still viable but have never been used, kitchen equipment such as juicers or mixers, and others to be converted into cash
Reduce spending intelligently, reducing spending means sacrificing comfort, several ways to cover expenses in several ways such as cooking at home by cooking at home we can save more on food prices besides that we can control the food ingredients used healthy and nutritious by eating at home we can eat large portions with the same intention to buy food, use public transportation if you use private vehicles think again to use modes of transportation because with public transportation modes we can save more on vehicle expenses such as for routine vehicle maintenance, the last step is to take advantage of Momeen discounts and coupons on when Tertenttu do not hesitate to beratanya to the store about special discount offers
Negotiate bills and insurance
if one bill is too high, then consider negotiating with the service provider for a little leeway in relation to the water or communication service bill if they have flexible payments and discounts for loyal customers, compare rates from several companies for low premiums or to lower the monthly fee if no premium is required
Manage debt and build emergency savings
immediately resolve debt to set aside emergency savings, productive debt that accumulates is a sign of someone’s financial health immediately complete your debt payment if necessary double forest restructuring to get a longer payment term with lower monthly interest, after debt problems are resolved it would be nice to immediately build emergency savings, emergency funds here function to provide peace of mind for
Contact a professional if necessary, if it is still difficult to manage debts and expenses it may be time to contact a debt expert or credit counselor to provide input on financial crisis planning
facing an economic crisis is not easy, ready or not we will face this phase of the crisis, stay disciplined to manage spending, find additional producers, manage debt and start building emergency funds be patient, consistent over time dpat mengtasi this challenge and return to a healthy financial path