The financial crisis triggered by the U.S. subprime mortgage crisis quickly swept across the world, and the financial systems and capital markets of various countries were facing huge challenges. As the U.S. financial crisis deepens and evolves globally, China's economy will also face unprecedented tests. Some domestic entities are in turmoil, and the joint effects between companies and individuals will inevitably impact the daily lives of ordinary people.

The impact of the financial crisis may last for a long time. To fight this protracted battle, individuals must make a long-term and effective plan for existing property, regular income, living expenses, etc.

1. Scientific financial management

When managing financial resources, you should pay attention to allocation. For example, use one-third of all assets as time deposits, one-third for effective investment, and one-third as regular deposits. First, as a demand deposit, this not only disperses risks but also maintains liquidity. Try to avoid risky investments and remember not to get involved in stocks. Once you are trapped, survival will be a problem. In the current economic depression environment, it is a good thing to be ambitious. As the saying goes, an old man is working hard and aiming for a thousand miles. He might as well restrain himself for two years. When the haze of the financial crisis dissipates, it is not too late to stand up again.

2. Stable employment

Ordinary people are mostly corporate employees. Even if you are arrogant, you should not change jobs easily, and you should do everything you can to work hard to keep your current job. , let the boss feel that you are a core member of his company and an employee he can rely on. If you have better employment conditions, you also need to be cautious, combine your own strength, and consider all aspects carefully. Many people think that the economic crisis has nothing to do with them, but it has a nepotistic relationship with your employment environment. Once the economic crisis affects the economic income of the employment unit, the company may face downsizing of department employees under financial pressure. Once an individual's work attitude is negative or As usual, it is very likely to become the target of company layoffs and lead to unemployment.

3. Save expenses

During the economic crisis, we should pay more attention to increasing revenue and reducing expenditure. In addition to essential living expenses, try to save as much as possible in other aspects, reduce the number of trips, and avoid unnecessary entertainment. Spend your free time reading and studying. Car owners should drive as little as possible and try to use other means of transportation or walk appropriately. This can save a lot of money. If you want to buy a car, if the financial conditions are not particularly good, you can wait and see for a while before making a decision. First of all, it is too expensive to own a car, and the price of the car fluctuates greatly and depreciates quickly. Reduce the number of shopping, buy less new clothes, go out to restaurants less, and keep friends. Avoid extravagance when treating guests to dinner, visit relatives and give gifts, and buy more affordable items to achieve value for money, with light gifts but high affection. Cancel the extra credit cards you have on hand. Don’t overspend excessively unless absolutely necessary.

4. Good health

5. Caring for others

When working in the unit, pay more attention to the colleagues around you, especially colleagues from other places. Many people do not care about their dreams for the sake of their dreams. Traveling thousands of miles away to seek development in a foreign country and encountering a financial crisis, life must be very difficult. Communicate in the circle of friends, care about the friends around you, and when your friends ask for help, try to be as generous as possible if your finances allow. Maybe your help can solve your friend's urgent needs. Moreover, helping friends in such a big background will be a good thing for you. It means a lot to friends, and I believe they will remember it even more.

Of course, the economic crisis may not be as terrible as the above, but it is not unfounded that the financial crisis will have such a large social effect. In short, only by understanding the crisis and taking precautions before it happens can we escape safely.