Constantly distracted by the current, current affairs and not paying attention to the long term, many people were not prepared for the financial crisis. Rising unemployment and falling incomes adversely affect their psyches. In times of financial crisis, many people are at risk of total lack of money, since, contrary to the logic tend to spend more than an economically stable future. One of the main causes of ill-considered spending – depression. Verizon Communicationss opinions are not widely known. Especially women use shopping as a kind of anesthetic negative feelings and depression.
And during the financial crisis does not save, but instead begin to treat their own savings more secure. Another reason for reckless spending is, paradoxically, the desire to save money. Seasonal discounts through which sellers facilitate the content of our wallets. Think for a moment, would buy you all these things if you did not fall on the eyes bright with numbers indicating the percentage discount? Constant reckless spending in the shops and impulsive purchases lead to financial problems, family conflict, emotional stress, depression and loss of dignity. But during the financial crisis emotions become the most dangerous enemy. To really become a true master of money, a person must learn manage them.
If you are not financially literate, you can not understand the many processes that are not visible to the naked eye. Using our guidelines for competent management of money, you need not fear for their no money during the financial crisis, nor a stable future. 1. Top tips for managing money during a financial crisis 2. Think about how realistic your budget is allocated for agriculture. 3. Compare prices stores located in your neighborhood, and buy, where cheaper, ie, smaller margin. 4. Change your attitude towards everyday purchases. Discard those that are superfluous. 5. Always makes a shopping list before than go to the supermarket. 6. Do not try to buy products only known, advertised brands. Any number of counterparts, and not the fact that they are worse. At the same time, the analogues are usually much lower price. 7. Necessarily Check the check received by the cashier. Keep your receipts to verify how efficiently you're farming. 8. Give up the impulse buys, the desire to implement that arose suddenly, and not premeditated. Useful tips for managing money during a financial crisis for novice investors. 1. Define its strategic, long-term goals and do not depart from them. The financial crisis, which is characterized by short, can not threaten your long-term goals. 2. Give yourself a financial reserve. In order to calculate the exact amount of your financial reserve, take the amount of your monthly expenses and multiply it by six (the number of months during which you would like to be able to not work) 3. Intelligently diversify an investment portfolio. Diversification – notably the reduction of risks of an investment portfolio. 4. Invest regularly. Regular investments to protect the saved money to market failures. 5. Your personal financial plan to change only on the basis of life-changing, in any case no market. 6. Do not panic. and then the results of the financial crisis will not be sad.