Undoubted, most company has decreased the employee to reduce their expenditure. Perhaps, one of your families has being fired by a company. It is difficult to fulfill basically need especially we have no jobs. We need food and drink everyday whereas our money is limited.

It is too late for family who has no preparation before. They may find money from unemployment benefit or loan. It is not wise to loan today. Before late you should make some preparation to side with worst crisis. You can do like the advice below.

Side the crisis is not difficult in theory. We should have more money to cover the inflation or increasing of the goods and service.

1. Scene your financial health

You can note what your asset today. Is your asset enough help you to fulfill basically need? For how long time your asset cover your budget. For example, you have $ five million assets. Your budget is $ 5,000 per month. You can calculate your assets could cover you maximum 1000 months or around eighty three years.

2. Make your asset more valuable

Some your asset may be useless for you. Example, you have extra car or extra house. You can hire them to others It may give you addition money too. Let your car in garage is decrease your income. You should maintenance and service the car but you do not use it.

3. Economize your expenditure

Cut budget for pleasure things like cable TV, Holliday, cinema, etc. Allocate your money for basically money especially if your salary is decreasing.

4. Evaluate your Investment

If you have more money, you can invest at some investment. Perhaps your investment may rise someday and you will get some money. Check your investment today. You can convert your investment into more profitable investment.

5. Invest at safe investment

Precious metal is better choice for your recession protection. The value of precious metal is stable that could save your assets. You can see farther at my hubpages.

6. Find another job

If you feel your job is not good, you can find another job that gives you high salary. You can also do some freelance jobs that give you some bucks and do not disturb your main job.

7. Change your credit or leasing term

Credit or leasing payment may load your expenditure; therefore, you should decrease your credit. If you have more money, you have better to pay all of the debt. Alternatively, you may decrease your credit payment load. For example, you should pay jaguar leasing monthly. You may shift other car like Toyota or Ford. Off course you will be easy to pay the leasing. Alternatively, you may quit lease the car.