How do you cope with this global recession?

[Guest 57]

The world generally is experiencing one of the worst economic downturn. Even in western countries, inflation is very high and cost of living is increasing on daily basis. Cruel oil price is shutting up and the war in Ukraine is affecting grains production from that country. Ukraine is one of the best producers of grains.
How are you coping with this economic crisis?

 

[Guess 41]

Generally I can say that what will help us is if we get to learn more skills that are sort after because what we are earning in the offline is not sustaining most of us. So basically it is just Upscaling in our online skills.

 

[Nomad]

I have downgraded my lifestyle to maintain my expenses with the same amount of money that I needed before recession. I am also working additional hours to make extra money

 

[Guess 41]

It is still very terrible when it comes to earning a reasonable income, I am pushing and pushing and I am not getting the results that I need. But I know that giving up is not simply an option. I know we will get there someday but the economy is biting hard because there is no cash liquidity in circulation.

 

[Yusra]

Navigating this economic downturn has been challenging, but I'm doing my best to be prudent. I've cut non-essential expenses, reduced my spending on luxuries, and looked for ways to trim recurring costs.

 

[deucher]

As a resident of this country, it is doubly difficult for me because, in addition to the fact that prices are rising, we have a war, so I can die any day. Also, the still dry season has a great impact on the harvest and this year I feel that the situation will be worse and grain prices will rise even more

 

[King Belieal]

There is nothing more to do than having to adjust lifestyles. When that is fixed, people would still survive the recession. You don't have to remain static too in your earnings.

 

[Teegold]

Things are getting from bad to worse in my country. The price of goods and services keep soaring high, but the income is not seeing a significant increase. How worse can it get?

 

[Augusta]

The economy here is very rough for people especially low income earners. it is not easy at all for anyone

 

[Ronin]

The worst thing for me is that food for children has become more expensive. And this is the most important thing because I am now forced to buy worse products, and I would not like to feed my children unfamiliar products