When you are affected by the economic crisis

Indonesia
September 26, 2012 3:42am CST
What will you do when your country is hit by the global economic crisis as in 1997-1998 and 2008-2009,then the crisis impact you tremendously. Where the crisis is making you fired from your job, or you run a business that went bankrupt. And you also have a lot of debt, and the debt must be paid at the time as well. On the other side you also have to feed your family. What action do you take to resolve that problems?
7 responses
@GemmaR (8517)
26 Sep 12
It is very hard at the moment to be able to make money and to keep your head above the water financially. My Dad lost his job almost a year ago, and since then we have had to change the way that we live to make sure that we have enough money to get through life. We started by having a look at all of our monthly bills and seeing the things that we could do in order to lower those bills at least a little bit. We have just started to really cut back on the amount of things that we buy in our weekly shop, so there are certainly ways to cut back but that doesn't mean that people enjoy doing so.
• Indonesia
26 Sep 12
I sympathize with you and your family. It's really hard to through that situation. But i believe you can past it,and very important for us to always struggle together with our loveyl families. We must support one another. And don't forget to pray to God. God bless you and your family!
• Indonesia
26 Sep 12
In addition, are you working now? If you don't work now, may be you can tray to look for a work, may be as a freelancer or a part timer. During economic crisis affected me, i also look for work, until i start my little bussines: i sold the sticker on the side of road after coming home from college. I was not shy when i do it, because it was not a crime. Even i can help my parent, and i can buy my book from my self effort. It is just a suggestion from me. I hope it can help you. Have a nice day!
• Philippines
26 Sep 12
I am very much affected by the economic crisis. I think we all are. I don't have debts because I don't like debts. I am looking ways to earn online to cope up. Right now I'm working but my salary is still not enough to meet our daily needs.
• Indonesia
26 Sep 12
Ofcourse we all often affected by economic crisis. And the great of your idea:" I don't have debts because I don't like debts." If we learn from the experience, all of the economic crisis that has ever happened in the world are caused by failure to pay debts. I support your efforts to work. Good luck with your life!
1 person likes this
• Philippines
26 Sep 12
Yes, I have learned not to long for things that are impossible for me to reach. To live simply and spend wisely is the key in avoiding debts. We just have to control ourselves. If there is something that we saw and liked, we have to think first if it's really necessary for us to buy it. :)
• Philippines
26 Sep 12
I'm from a third world country and I think every economic crisis form a first world country affects us easily. Primarily because we rely so much in foreign investments and foreign debts. So our economy fluctuates as well. Debts are so common nowadays and the number of the marginalized sector ever increases. For my family, we just try to live one day at a time. This crisis must end somehow. We just have to seize every available opportunity and budget to the best that we can. Its really hard but we just have to go on from here.
• Indonesia
26 Sep 12
I am also from the third country like you.When i and my family affected by the economic crisis in 1997-1998, we have to struggle to go out from that situation,we also economize our needs,like: foods, gas, water,etc. And the important thing, we must learn from our experience of affected by economic crisis for our future, in order to avoid from that problems. Have a nice day!
@yahnee (1243)
• Philippines
26 Sep 12
I have survived my personal economic crisis of having debts left and right since I used to be sole bread winner of the family when me and my spouse seperated and he did not give financial support. I am very resilient and determined so I succeeded to get out of the financial crisis through hard work and being thrifty. Living in a third world country or developing country, economic crisis is not a stranger to us. We still manage to laugh off our miserable lives because we are used to poverty and deprivation. As the saying goes, if there is a will, there is away.
• Indonesia
27 Sep 12
Hi,I respect with your hard effort to past your financial crisis. I agree with you we must still laugh although the crisis hit us, and that is right:"if there is a will, there is a way."
• China
2 Dec 12
May be paying off the debts is the first presure we meet ,its really annoyed and upset when people ask you to pay off his money .In my past life i ever met such situation,all i had to do is ask them more chance and time for my making money and small money then pay them. at least i can pay my promise on small money and the way the could accept ,understand . i wil try all my best to make small money for that debts and feeding family ,that is a good lesson to have and teached,let us know how we solve the prolems and bad situation ,how we consume daily and waiting for chance to change ...be patinet ,things will go in end...
@anshu23 (147)
• India
1 Jan 13
My country had a big economic crisis in 2009. There I was struggling to find even a job. So the best way to counter those days I had to see for some alternatives to earn more. The best way is to join some online part time jobs. In this way you can tackle the situation on your own.
@Traycee (34)
• United States
5 Oct 12
Oh, I am living what you are describing right now. Had a good job for 9 years, got fired, collected unemployment, it ran out, I have $0 income and guess what? The bills don't stop coming. I have searched high and low for a job. I have a wonderful fiance who is taking care of me now. The guilt I feel is enormous. I feel really down that I can't contribute to the household right now. But, I'm not a quitter and sooner or later I WILL find a job. Never in my life have I ever had to ask from help from the government. I had to go get food stamps. God will help you if you believe!!