1. Cash is king. Only keep liquifiable assets like cash and gold, non-liquid assets aren't productive. Avoid high-risk investments, also put your money on precious metals like gold, they're the go-to assets.

2. Pay off all your debts. Interest will keep on rising due to inflation & scarcity of released banknotes.

3. Don't start a new business that require a huge amount of capital.

4. Gather as much money needed for your own or your family's basic or expenses (e.g. food, travel, medical, insurances) for a year.

5. Protect you and your family using health insurance & life insurance.

6. Be frugal, save on what you can save from your operational expenses starting now. Stop living a lavishly like traveling too often, changing gadgets too often, buying imported branded goods & basically living like a socialite. Read More »