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Hello guys and gals, I'm really happy to read your contributions. A lot of useful pieces of advices coming from people that prepare for the recession and not from 'experts' that know the theory but they lack practice. Here are the users that contributed so far: @DailyMoneySaving, @EuChangeLTD, @olgakyzmina, @XtraProfit, @Susan, @Egypt King, @widhie75, @lizzett_alv, @Warfare, @fxfarmerashik, @Yusra, @EvaRose, @Ilona, @Lara2016, @UpadhyayJyoti, @DoubleCycleBiz, @Micedanger, @Hyipdealer.com, @Olgacom, @Tonkovic, @Teodor M Muntean, @LailaTarot These members will participate in the best preparation advice with 3 prizes of $20, $15 and $10 People that voted so far: @Galina1006, @widhie75, @olgakyzmina, @psv1964, @Susan, @EuChangeLTD, @XtraProfit, @DailyMoneySaving, @Wolkott, @Murka96, @Micedanger, @Ol4ik74, @Tasamaya, @lutik378, @Olgacom, @olnasch, @sparklet, @slepoiman, @Avdeyeva Katrin, @lemwil, @Jakie, @Networks, @pmp87, @fahadaziz, @Yusra, @LailaTarot, @Hyipdealer.com, @Satisa24, @Saf, @baKira, @kriptopsix, @Lion, @DoubleCycleBiz, @Koshechka, @olnasch These members so far will participate in the 6 x $5 raffle There is plenty of time till 08/08/22 to vote other contributions to have a chance to WIN!! You can vote by adding LIKE to the contribution posts you consider helping the most. Vote now!

Hi all. I received a letter a couple of days ago, because I only now found out about the competition. Well... Many offer to save and give up the excess. But, the rejection of familiar things will lead to a spiritual crisis. As Bulgakov said in the words of Dr. Priobrazhensky, "The crisis is in our heads." You can not go in cycles in problems and be afraid of difficulties. If you live in anticipation of a crisis, then it will not be life, but sheer stress. And stress is always bad for health. All economic crises are created artificially in the interests of a small number of people in power. And artificially created situations can always be beaten. To do this, it is not necessary to save, but it is better to look for reserves in yourself to increase personal income. Translated from ancient Greek, "crisis" is a turning point, a transitional state. Therefore, the crisis gives us the opportunity to look at our lives from a different angle and bring something new into it that will take us to a new level. I try to acquire new skills that are relevant in the modern world. I am not afraid of crises. This is not the first and not the last. There have always been crises and always will be. The main thing is not how to survive the crisis, but what lessons you will learn from it, how you will change your views and your life under the influence of new realities. At all times, the main problem is war, which brings destruction and kills people. And the problems of the economy, when you have to eat porridge instead of caviar, are the little things in life. But they push people to look for new opportunities for earning. All wisdom and peace!

Always reducing the expenses, saving money, and investing in assets that never die, like small properties, digital real estate assets, gem stocks and cryptocurrency.

individual preparation to save the crisis is the saving life for himself

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 !!!!

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.

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!

I keep it in cash: money and gold. After all, in a crisis and sanctions, electronic means can be unreliable.

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.

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.

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!

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.

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.