Tips To Survive In Global Crisis

Global crisis experienced by the world recently bring a very big impact for every person. Mrs. Rose, for example, is a housewife who is very busy. In addition to the daily duty, preparing necessity for husband and children, he also holds the financial responsibility of families. She set up daily expenses of the family, starting from the monthly expenditure for shopping, paying some accounts, and pay school fees of the children.

Her husband always bring their own vehicles to commute to and from work, a minibus that they purchased since two years ago in installments. When fuel prices rise again as now, Mrs. Rose can begin to imagine that her husband may have to pay a little more to be able to buy fuel in the same amount as before. In fact, the salary of her husband does not increase. Of course it does not increase, because the salaries increment in her husband’s office is usually conducted every June. That is usually only about 10 percent per year. Far below the increase in fuel price which is currently around 22 percent.

Now what? What will you do? No matter who you are, whether you are housewives, employees, worker, student, certainly felt the impact of this price increment. Hopefully this does not make you complain and assume that the price increment is the end of everything.

One thing from me, as a member of the community, no need to complain. More important for you to do so that is how you can survive in the midst of this wave of price increment. Below are the things you need to do:

Buy Gold

Gold can protect you from the increase price of goods and services. This is because gold is usually almost increased in case of price increment. In fact, the higher the price increase, usually also increase the price of your gold. It’s not too late to buy gold, because even though fuel prices have gone up but there are some other goods and services that are not increased yet but is estimated to be increased later.

From several types of gold, try to buy gold in the form of coins or bar. Of both types, the gold coins are usually more flexible than gold bar because the gold coin usually available in the form of a smaller weight than gold bar, therefore this can be easier for you if you have limited funds to buy gold.

Later when all the price of goods and services has been rising, the price of your gold is estimated will also be increased beyond the price increment of goods and services so you can sell your gold and gain benefit from it.

Make the investment which give greater returns than if you invest in a bank

Interest savings in the bank at around 10 percent per year. With the increase of prices which is estimated about 10 percent this year (even fuel price increase up to 22 percent), obviously you need to make investment in investment products that can provide results greater than 10 percent.

Try to look at the product other than investment in banking, because in addition to that you do not sticked on only one type of investment, other investment products usually give a bigger result, of course on the greater level of risk too. One of the alternative investment that you can try is a Mutual Fund.

Do not forget that the Mutual Fund shall have several types, ranging from the Mutual Fund with high risk until the low risk. You can try to invest in a low risk type of Mutual Funds, such as Fixed Income or Money Market. It is expected that with the right selection you can get greater investment returns than the investment in the bank, because that is the only way you can defeat the price increment of goods.

Try to make additional income outside your regular job

Do not forget that the prices will continue to rise each year, so it is reasonable if you start thinking to limit your expenditure. It is a good step anyway, but of course you can not continue to press your spending. In the long term prices will continue to rise. So, how long you decide to continue to press your spending?

If in the short term may be. But in the long run, it will often be difficult because the prices will continue to rise. Therefore, consider to adding earnings outside of your work now. I know that it is not easy to do, but if you do not try, you may need to continue to press your expenditure from year to year.

Choose your shopping place

If you buy ordinary goods in a shopping center while you know there are other places that are not too far away which is also selling the same but with a cheaper price, why do not you try to buy at the cheaper place? If your routine needs to buy goods every month in a more expensive price, then you will feel the price difference is big enough after a few months. If you does not believe, just try to calculate it.

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