If you invest in stocks or stock funds, you will have a deep understanding that the shrinkage of stock accounts and fund accounts is a direct visible loss. However, the consequences may be more than that. In the long run, your financial situation, income and life will be affected. First of all, your investment income will be greatly reduced or even lost, and then your income such as wages and salaries will also shrink, which is directly related to your real life, unless you have a lot of cash savings to tide over the economic winter.
The financial crisis will threaten our future life, so we must pay attention to it. So, how to face and deal with the consequences of the financial crisis? Whether you are an individual or a small and medium-sized enterprise owner, you can take some effective measures to solve the financial crisis.
1, saving/saving costs
Saving is easy for individuals, but it is often ignored. When the economy is good, saving seems to have little effect, but if your income keeps decreasing, spend half a penny. For example, if you spend 500 yuan to buy new clothes every month, then you can control the budget and reduce the finance of buying clothes to 250 yuan, perhaps among brands. There are many practical examples: saving water and electricity, reducing entertainment consumption, reducing going out to improve life, reducing waste and so on. Save it, and you will have a considerable disposable cash to ensure the continuity of your life.
For enterprises, saving costs, that is, reducing expenses, can get more profits under the same income; In the case of reduced income, the profit can be guaranteed to be maintained at a certain level, so that the enterprise can continue to operate, and for the company, there is a chance to survive. How can enterprises save costs? For example, after work, all power supplies are turned off to save the cost of car maintenance, electricity and printing paper are used on both sides, and people use cellophane to reduce the use of paper and other waste.
2. Invest in low-risk wealth management products
At that time, the stock market and foreign exchange market were risky. In order to reduce losses, we can invest in some low-risk financial products, such as bonds and bond funds. In fact, under the current circumstances, capital preservation means making money, so it is very important to seek stability.
3, personal cautious job-hopping
For individuals, the current economic situation is not good. No matter what industry, most companies reduce orders, income and profits will naturally decrease, and the demand for human resources will also decrease accordingly, so job opportunities are very valuable. It is unwise to jump ship rashly, especially to resign before there is a new job, because it will take quite a long time to find a new job after resignation, which is not worth the candle, so you should think twice before considering jumping ship or quitting. If you encounter any difficulties in your work, you should find a way to solve them, not give up. You can make use of the advantages of small business volume and easy working hours to learn more value-added and be more competitive.
4. SMEs adjust their operations to find new profit growth points.
Small and medium-sized enterprises just take advantage of this opportunity to adjust their management and business structure to adapt to future development; Cut losses or low-profit businesses and find new profit growth points. Small orders are a test for any company, but they are also opportunities.
No matter for individuals or enterprises, tests are also opportunities. How to seize the opportunity depends on everyone's attitude and practice. For example, Warren Buffett said, "Fear when others are greedy, and be greedy when others are afraid." There are opportunities at any time, but few people can really seize them. You should try to be one of them.