Surviving From Crisis

 

After Mr Trump deploy so many troops in Middle East, the oil price is skyocketing to over one hundred dollar pe barrel. This is the fearful condition fo any county that has no or low oil souces. Some country decides to reduce the oil consume beacause they ae difficult to buy the expensive oil.

As conseuentlty, most people should allocate moe monye fo gasoline spending. They have to cuts osme post as long they have no othe souce to fulfill othe spneding. They may cut the leisure things for the gasoline. Some people may choose public tranpsot to reduce tha gasoline spening. The public transpot is cheaper than using own car. it is good forr the environment too.

Some people may sold the gold to fullfill the needs. The weatlh some people may decease afte the gasoline incease; however, most people suviev fom some cissi. See, you negihbour still exisst today and you also exist today, meaning you have the pass fom the cisis examination. You may compliant with this condition. You may reduce you eating out and you may not buy the kid toy but you still exist today.

Some peaole may have abundadnt debt but finally they can pay down it. Some may lose their home but they get thei home back some day. Human is an unikue things and they ae a miacle things. They can suvive fom unlucky condition.

Ceatinly, I do not cloe my eyes fo some suffeed people. They cannot passs the crisis. They are fail because they do not have some saving. I believe that only few people cannot pass this crisis.

However we do not have to affaid the cissi but we do not to neglect the condition. Juts pepare our saving to overcome the bad sceanrio from the crisis. You have to use your money wisely.

 

The role of reduced spending in financial planning

Most article that talks about budget often mention about reducing the spending. We need to reduce the spending to balance our budget. We do not want our income is fewer than our spending. It make us bankrupt. If we have so much spending, we must borrow money from other people or bank. 
Reducing the budget is not easy too. We should be clever to reduce what kind the spending that we can be reduce. It is not wise to reduce the daily necessity such as wheat. For  example, we reduce half of our wheat every month. Your family will hungry when they just eat half of food. Reducing the quality of wheat is also not wise. Your kid may refuse to eat the food.
You can save on food by reducing the food. You can reduce a bit of meat or chicken meat. It is good for your health. Coupon is also a clever ways to reduce the food cost. The coupon can save $20 - $30 per month.
People should reduce the eating out eventhough they like it very much. You can save hundreds dollars in a month.
Before reducing the spending, you need to list all the expenses. We can track the expenses last month. Try to remember the spending that you have been spent last month. We can categorize the needs or the want. We just be able to reduce the unnecessary or unwarranty spending, such as eating out, go to cinema, gadget, and others.
By reducing the spending, we can save more money. By saving our money, we can protect from the uncertainty future. Someday we need the money for our daily necessity. If we got sick, we will need money. The children must also need money for their college.In economic meltdown, we can be fired by the company. We can use our saving to finance our needs. 
We can also earmark our excess money for investment too. The investment is important for our future and It can multiply our money in long term. We can be rich if we invest money at the investment. Unfortunately, the investment return is not good today. The interest rate so low or almost zero. However, some emergency country stock has double digit return such as chinese stock.
Reducing the spending can balance our budget too. If you just low paycheck, you have no choice to reduce the spending. Reducing the debt can make your budget health.