( 1)? Do a good job in budget management:

Budget management is particularly important during the economic downturn. Ordinary people should carefully evaluate their income and expenditure and make strict budget plans. Give priority to basic living needs such as food, clothing, housing, transportation and medical care, and then allocate the remaining funds to other expenses. Ordinary people can better manage their financial situation by reasonably arranging expenditures and controlling consumption.

(2)? Increase sources of income:

In the economic winter, it may be necessary to consider increasing additional sources of income. Ordinary people can find part-time, freelance or do some part-time jobs to increase their income. Using the convenience of the Internet, such as selling one's own handicrafts or providing one's own skills and services online, can help ordinary people find additional income opportunities.

(3)? Learning and training:

Improving your skills and knowledge can increase your chances of finding a better job in the economic winter. Ordinary people can use this time to learn new skills, attend training courses or teach themselves. This will enhance their employment competitiveness and lay a foundation for future career development.

(4)? Establish emergency reserves:

In the period of economic instability, it is very important to establish emergency reserves. Ordinary people should save as much income as possible for a rainy day. Emergency reserves can help to cope with emergencies or temporary income reduction and reduce economic pressure.

(5)? Debt management:

For those who are in debt, the economic winter may increase the repayment pressure. Ordinary people should give priority to repaying debts with high interest rates and try to avoid the accumulation of new debts. If possible, negotiate with creditors and try to reschedule the debt repayment plan to reduce the burden.

Causes of economic winter

1, global economic growth slowed down.

After the international financial crisis, the global economic growth rate dropped sharply. Although 20 14 has bottomed out, the global economic recovery is very difficult due to the decline in the world population growth rate and the lower-than-expected structural reforms in various countries. The International Monetary Fund predicts that the global economic growth will be 3.8% in 20 14 and 3. 1% in 20 15, indicating that the global economic growth rate is lower than expected.

2. Global free trade has stagnated.

Multilateral negotiations led by the World Trade Organization have stagnated, and the process of global free trade has slowed down.

3. Global financial policies are not coordinated enough.

In particular, the current US dollar continues to strengthen, and commodity prices have fallen sharply, which has reduced the volume of global commodity transactions, and the exports of resource exporting countries such as Brazil and Russia have continued to deteriorate.