Source: The Depression Project

Reposted from mintchocarus via paulinashuty

"Instead of asking God to make your life easier and take away your burden, ask God to show you how easy your life can be, how lucky you are to be in this life, to show all the potentials that come with all the hardships"

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 »