Financial Education - Saving in times of crisis truths

in hive-175254 •  last month 

With the arrival of the Coronavirus pandemic, the world's economies worsened their financial problems, and although we have come a long way since then, we have not yet learned to save in times of crisis, but the truth is that we must know how to save and make a good budget.

Source ( vistage )

In conventional schemes it is known that banks do not control our money, and it is even public knowledge that traditional banking institutions can take advantage of the capital invested or saved in times of crisis.

Faced with this harsh and bitter reality, we can find simple measures that we can take to prevent this from happening, and for this it is important to know the status of our bills, the level of debt, and the concerns of living expenses.

In this sense, and in the face of the existing devastating macroeconomic scenario our options are scarce, but we have to learn to cope with our circumstances, but somehow we must face our financial problems during a crisis like the one we are currently experiencing.

Source ( news-journal )

It is a good idea to have an individual plan to help us mitigate the negative effects of the economic and financial crisis, as this can help us feel more secure in our investments and savings, as well as emotionally stable.

Transformational leadership and contextual performance
are the main factors that most influence organizational culture.

If you wish to expand on the subject, please visit this link

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!