How do you cope with this global recession?

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magnus2022

Well-known member
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?
 

Carson20t

Forum Assistant Team
Community Advocate
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

Well-known member
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
 

Carson20t

Forum Assistant Team
Community Advocate
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

Well-known member
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

Well-known member
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

Well-known member
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

Well-known member
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

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

Ronin

Well-known member
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
 

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