The fact of the existence of the recession is incontrovertible. The need to articulate survival strategies to mitigate its adverse consequences is indispensable. I have outlined the following additional steps to help you navigate this challenging situation.
Generator Usage
Reduce fuel consumption, and wear and tear on your generator by limiting the use to situations that are absolutely necessary. Diesel generators are particularly more expensive to operate. In the alternative use smaller petrol powered generators to run appliances that consume less power.
Clothing
This is not an auspicious time to acquire new clothing, shoes, bags and other similar stuff. Maintain your existing items by keeping them clean and decent. Fashion trends are dynamic. What’s in vogue today may be obsolete tomorrow.
Hanging Out
The sole objective for socializing should not be to spend money. While it is ideal to hang out with family and friends occasionally, making it a regular activity should be avoided. In fact, such a platform could be a veritable source of generating creative ideas that could be helpful.
Vacations Abroad
As a result of the significant depreciation in the value of the local currency, travel abroad has become quite prohibitive. There are very many attractive local travel destinations that are ideal for vacation. You may wish to try them out.
Satellite TV and Other Subscriptions
The content quality of local TV stations has improved remarkably in recent times. If you must subscribe to satellite TV, then limit it to cheaper bouquets. Do not hesitate to dump other subscriptions that are avoidable.
Phone Calls
Browse the phone service providers for cheaper packages and switch plans where necessary. Don’t be discouraged by the antics of the networks. If you are not satisfied with their services, do not hesitate to switch to other networks. Go straight to the point when you engage in phone discussion. Avoid unnecessary chit chats.