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All Good Day. In connection with the upcoming crisis, I try to earn more wherever possible. I take additional work. I save money and try to spend less on purchases that are not very important in my life, I buy only the most necessary things. I earn both in real life and on the Internet, pseudo-investments(hyips), airdrops, contests. Thank you all for your attention! I hope I'm lucky in this competition!10 points
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good afternoon, I just received a letter about the upcoming competition and decided to try my luck🤞 I started preparing for the crisis a little more than six months ago, withdrew all the money from deposits in the bank, it’s safer to keep it at home, since the bank can go bankrupt at any time. canned food, cereals, butter and, of course, the necessary medicine. Who has not yet prepared for the financial crisis, there is still time to prepare, but I hope that it will not happen, but in the world everything will work out and will be as before. Good luck to everyone in the contest, I hope fortune will notice me and I will win a prize🤞😁7 points
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Hello. I prepared a little. Made the necessary stock of products that are stored for a long time. There is also a stock of hygiene products. But the financial question is still open. I think that we will survive this crisis and everything will be fine.3 points
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In my opinion "prevention is better than cure." So, at first we need to try prevent this problem from our sides, what ever we can do to prevent the crisis. As initial step to prevent this crisis we can do few steps below: 1. Don't withdraw your money from bank.( Because it could be a reason of crisis of your country or region). 2. Don't stock more liquid cash on hand. 3. Reduce the usage of energy and powers. 4. Reduce dependency as much as we can from artificial or machinery products. 5. Try to use natural products and grow more natural products. 6. Don't stock huge grocery products ( can be increase the rates). 7. Avoid using of imported products, try to produce at own. 8. Try to avoid spend much on luxury products. 9. Closely monitoring of minimised budget and make it effective. 10. More and more concentration on production rather than import or hire. There is many other such like things we can do to prevent the crisis. But yet still it comes we should prepare our self by doing above steps: 1. Make a minimum budget for us and make it effective. 2. Get a extra earning sector for our self. 3. Stock more and more non cash - liquid assets like gold, properties etc. 4. Get an insurance Insurance Coverage. 5. Minimize liquid savings and try to earn extra money. 6. Invest on government authorities bonds or like this schemes. 7. Avoid to invest on stock exchange or high risky investment policy's. So, this is how i am preparing my self and my family to fight against the crisis if it comes. But we all should try our best from our own position to prevent this crisis.2 points
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I keep it in cash: money and gold. After all, in a crisis and sanctions, electronic means can be unreliable.2 points
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Preparing for a financial crisis is not easy. You never know what kind of emergencies lie ahead. And being prepared for all of them is impossible. The best we can do is take all the scenarios into account (kind of like Dr. Strange) and put aside some money on a regular basis for these unprecedented emergencies. The key is consistency. However, money that you put in a safe or in bank continually loses its value. So it's better to invest at least 70% of the amount into something you're good at: business, stocks, SIPs, mutual funds, etc. Once you start gaining profits more than your active income, and have the money to put aside without having to cut back on your daily expenditure, that's when you might be moving in the right direction to financial security. And even then, don't stop investing and earning passive income. I shared my strategy because it's something I learnt from someone else and thought might be helpful for others too.2 points
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Hello, dear TGFers, I have just created a new contest for you 🤑 Details below: How to participate There are two steps you should do to participate and have a chance to win: 1. [Optional] Write in a reply to this topic IF and HOW you prepare for the upcoming financial crisis. Your answers will help our users prepare themselves. If english is your not 1st language you can easily use a translator like translate.google.com and write in your own languge. Deadline to post: 01/Aug/2022 2. Vote one or more of other participants' answers using the rate post function. Deadline to vote. 08/Aug/2022 Example below: How to win The post with the most votes will automatically win $25 in PayPal, LTC, and USDT. The 2nd post with the most votes will automatically win $15 in PayPal, LTC, and USDT. The 3rd post with the most votes will automatically win $10 in PayPal, LTC, and USDT. Everyone that voted will participate in a raffle with 6 x $5 prizes paid in PayPal, LTC or USDT. Contest rules The contest will end in one month from now, on Aug 08, 2022, at midnight. You can vote without writing how you prepare. In this case you will participate only in the votting random raffle contest. The winners for the 6 votting prizes of $5 will be picked on Aug 09, 2022, using a random generator from all the entries to date, while the number of votes will choose the three special prizes ($25, $15 and $10) from the community. Only one entry per username You can not edit your entry. If you do, you're disqualified. Don't forget: Money won is twice as sweet as money earned 🙂 Can't wait to read your entries and see who is the most prepared money maker! Good luck,1 point
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The amount of 0.1 USD has been deposited to your account. Accounts: U177->U256. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 10:23 28.07.22. Batch: 474464356. Спасибо за бонус1 point
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Спасибо за бонус The amount of 0.1 USD has been deposited to your account.. Accounts: U177-U222. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 10:23 28.07.22. Batch: 474464371.1 point
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The possibility is that there will always be a crisis, there are many circumstances that affect events and the environment in general, but I hope that everything will be fine, I really want to live, develop, achieve a breakthrough in medicine, so that everyone is healthy, alive and happy, this is the most important thing !!! Of course, we are people who will look for a way out of any situation, even a crisis, which is not the worst thing in this world, the rational use of both money and food, etc. can translate to the salvation of the whole world. It is necessary, of course, to do what you love and need, which will make it possible to survive the crisis if it does come! But I hope everything will be fine, the main thing is to support each other in any situation, and help those who ask for help, and together we can overcome everything !!!!1 point
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if i know to prepare the crisis, i will prepare )) but crisis is like chart trading, difficult to analyze )). global, and environment is that's caused it1 point
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I see it this way: the most important thing is health because it is the biggest crisis. That's why smile on your face and keep your head up because life is only 1 and don't let even the biggest financial crisis take away your smile and happiness.1 point
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Hi everyone, Great ideas and suggestions here already. There are several things Ive done to help prepare, as we've already seen shortages of some items: I bought a huge cupboard 2nd hand to store most things in... and sort it all by "used by" date. Have cash on hand, all denominations, no debts. Long lasting food supplies, i.e. canned fruit, soups and veg, dried veg and veg/soup mixes, cereals, rice and pasta, biscuits, nuts, sauces, oils, condiments etc. Paper products, towels, toilet paper etc, plastic wrap Candles, torches, batteries. Also, installed a veg garden, pays to get good soils and rewarding to see it all grow and use. Have fun!1 point
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I have been preparing for this financial crisis for the past 2 years. My initial action was to purchase a large safe. I also made sure that my house is insured and I have enough cash to last me for at least 6 months. I also made sure that all my debts are paid off and that there is enough money left in my bank account to last me for at least 3 months.1 point
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It is hard to give specific advice when I don’t know the details. Rule 1. Stop all unnecessary spending. Rule 2. If you haven’t already done so, build an emergency fund of at least USD 1 000. Rule 3. Find another source of income. Remember. When you’re in a hole. Stop digging. Good luck.1 point
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I think that diversifying your income is one of the best things you can do. In my case, I am trying to do that with affiliate marketing by always researching and keeping up to date with affiliate programs especially in the make money online niche. Also regarding crypto and the bear market: if you intend to hold it, be careful with storing big amounts in exchanges or other centralized entities.1 point
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If there is a financial crisis, which we may face in the near future, what I have done and prepared is to run a real trading business that people need on a daily basis. Currently, apart from being a forex trader, I also run a small traditional food business. All food ingredients are very easy for me to buy in the market. I was assisted by family members, so I did not spend a lot of business capital and funds to pay salaries and operational costs. I also have no debts or loans from other parties. Even though it's far from what I hope, to become a multi-millionaire businessman, I believe that I can survive the crisis by doing a real small business like this.1 point
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Just got an email about this contest and I would like to participate. As some of you may know I own Daily Money Saving magazine where I blog about money making and money saving. Here is my answer: I think everyone should prepare for the upcoming financial recession/crisis you name it even if hopefully may not happen. Having 6 months of expenses covered is a must along with some canned food, bottled water and needed medicine. Besides that an income source if very important so ensure your job is stable or your money making opportunities are solid. Hope it helps and hope I win 😉1 point