Economy Changes And Financial Decisions:

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Its even becoming harder day by day with the crises and situations in the economic hardship that am beginning to wonder đź’­ if the ever green law of the economist will be able to help us out this time because the current situation of things in my country is overwhelming.

The law of the economists which is the “Scale Of Preference “ appears not to be helping out again over choosing our “needs” over our “wants”, because the needs are even becoming too difficult to be solved.

The way things are now in my country are forcing many to take and make drastic decisions and changes over their finances because of the hardship that has continued without knowing what is the best way out than for everyone to start cutting their coats according to their sizes to help see if there will be balance or not.

Scale Of Preference:

Every family is literally devising ways to make ends meet as three square meals are no go areas again and in this kind of situation, one is forced to look for a way to apply wisdom in how to manage every resources and funds that comes from them. And the first thing I did was to channel my thoughts 💭 over how to focus on the “needs” which has to do with the most important ones because there are some needs that are supposed to come before others. Needs like foods, house rent, school fees for the children, power supply, internet availability because of my online business and my community hive. These needs are the most important called basic before any others as to make and achieve a balance in budgeting.

I love ❤️ visiting the park 🌳🎋or the beach 🏖 for relaxation and leisure which comes with some cost but I have not been able to do it with family for sometimes now because of the hardship since its in the category of “wants” that are secondary, but these are the things that makes life and living worthwhile. Having the opportunity to do what we love gives us happiness and can extend our longevity. But its an extra cost 💲 for now and a big luxury as business seemed standing still.

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Sources For More Support:

The unforeseen circumstances is one that is so brain draining because it appears the government does not seem to have solutions to the biting inflation which has also affected many businesses including my Realtor work which involves dealing with clients on property renting, leasing of spaces for work space, property sales and lands. All these are like in a comma , waiting for God know when because companies and individuals are also managing their funds while watching the economy.

And to be able to meet up on financial needs for family support am planing to start a little outlet of consumer goods which involves some kind of daily needs of provisions goods I see as a kind of quick income and turn over business. ThisI will always be attend to during the days am off my Realtor inspection work, as this will help me meet up and solve some expenditures. The business has also been in mind for few months as things continue so tough and am hoping that one day it will grow into a departmental stores because its a way for growing our finances into something bigger.

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#?Hive My Gem:

And on Hive here, I have made some decisions too on how to be saving some weekly HBD which I hope to save gradually on , because I know with time it can become something big and can help elevate the business proposal an aiming at and help also solve one of those basic needs that is a concurrent expenses. It may seem so slow but nothing in life cones as easy as many believe because the saying that “drops of waters makes ocean 🌊 is a very realistic one. “Rome also was not built in a day”. I hope to continue dropping this HBD every week believing it will become a gem 💎 in a making as time goes by.

In conclusion, I believe its only those who can manage their finances in the days of crises that can make and become best managers anywhere they are situated because funds management is the most hardest especially in an economy where there seem to be no hope.

This is my response to the prompt from Hive Ghana 🇬🇭 weekly, tagged: # FINANCIAL DECISIONS .

All sourced images are credited.

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3 comments
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Financial management skills is one we should all have, especially in this tough times of the economy.

I guess it's high time we only go for what we really need, tha what we want.

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