Keep Survived In Monetary Crisis
April 28, 2009
Monetary crisis. This word usually afraid by many people. This condition often make us so worry, afraid and ask in our mind, what happen with us in this monetary crisis condition? In monetary crisis, usually follow with increase of our basic daily material needs. Imagine, while our earnings may not rise as a result of our company difficult to increase our earnings, we still must accept the fact that spending money that has been prepared that can no longer be used as properly.With such circumstances, what should we do? How To keep survived in monetary crisis? Follow this tips:
1. Start From In Side
Financial problems we are located in the one fact that is our earn is not sufficient. And the answers that are appropriate for it is makes your earn is enough. Some of us will say get additional revenue is way out. I can not blame such a contention. But if additional revenue is always be solution? In fact must be recognized to get additional money is not easy. In fact, sometimes the sacrifice must be made not balanced with the results obtained. Not all people can do. Therefore, before deciding try to find additional revenue from outside, you should do correction first. Because it become something that futile if we get increase income but no changes in use patterns. Believe that financial problems not depends on how much we get but how we use it.
a. Evaluate the use of funds
The first step to stabilize the financial evaluation is to make our finances. Try this month recording what expenses the family has to do to meet all their needs. A family consultation was to manage the monthly expenses that are always on the target that has been determined. After the evaluation is done together, it is known that the cost of the family is always in excess of the budget each month. This happens because at the time of shopping, the family always do this together, and always to pay more for breakfast event that is not budgeted previously. The problem has always taken the funds from the budget so that spending money always exceeds the target.To start it at this time is separate main expenditure with followers expenditures. By use this way, will be know how much real family expenditure each month.
b. Create spending priority
Remove that must be removed, and resistance to that has not been needed. Sometimes we feel has been trying to remove only the necessary, and has left as desired. But when asked what criteria need and want? how to distinguish them? may not be able to answer them all exactly. Requires that expenditure is to be done, and want is that expenditure may still be delayed. So with this simple definition, we should make clear what the priority in the family expenditure. Try to ask yourself at the time to spent your money.
“Is this expenditure can be delayed? what if the consequences are delayed? ”
if the answer is not delayed or suspended when the negative effects will result in a higher, then it is needed. But on the question of when you missed that earlier delayed is not a problem, or if delayed negative effect does not provide too large, then it is the desire.
2. Finish from outside
At the above of story, we have already discussed how we must act from within to increase the likelihood of prices. Now it’s time to finish it from the outside. For the financial families depend primarily on two aspects, namely the influence of someone in how to set up and manage money from outside and that is how someone set up and manage all the temptations and the bid can affect the overall family finances.
a. Avoiding New debt
If it is not forced, avoid new forms of debt when the debt first is consumer debt. Remember your current expenditure will continue to increase, and indeed seem to additional funds from outside is one way that can be applied. But debt is not additional funding but would like additional obligations that we would not be completed. Especially with increase of price, not likely to increase the interest rate loan is also the obligation to be you.
b.Discount is not always the answer
If you talk discount, usually assumption with our savior. Imagine all the high prices, there is still the low member price.
But if I could remove the member suggestions in funds, the most important is not how much you spend that, but what you remove. Rather than removing the few funds for goods that are not needed or even items that you only create more consumptive; may be better to buy goods with the price a little more expensive but really we need.
c. Avoid Investment speculation
Another is to avoid speculation of investment. With increasingly difficult economic situation, the more people who offer settlement alternative that one of is investment.At this time, usually the type of investment that provides the most seen as a way out. But if we do not understand and handle it, never go in it.
d. Create a protection
One way to make savings and help finance is move cost that may occur to others. And it can be done by the insurance. When at the past we usually finish all the problems through with private money, may be you can submit large problem to the insurance. Cost of health care, vehicle repair and protection of the home, can be the beginning step. Remember the increase in the cost of fuel then automatically also increase other costs, including health care, improvement and development.
e. Trying to add revenue
Finally, there is no way other than trying to increase revenue. Start trying your potential self, recognize the environment and always looking alternative is one way to get additional revenue. Does not need big, but make it into a routine. So among all the rising cost of retroactive, there is little additional revenue to add our investment,right!
Written by fitri· Filed Under finance article , Tags:, crisis, financial, monetary, problems, survived
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