Tighten the purse strings

It's looking like the market ahead of us is going to be not doing great. The interest rates are rising, depriving capital from the otherwise wildly inflated companies and assets. It'll suck air out of those balloons, and might leak on to the otherwise healthy normal economy too. The governments want to curtail demand, mostly to control the price inflation but also to ameliorate the downsides of the supply-side constraints caused by various geopolitical events. Tourism might be down, so could foreign employment. It could be a few rough years for folks in Nepal. And not particularly better for folks here either.

This might be a good time to hunker down and get on a 'money-saving mode' for a few months (or years ahead). Meaning casual eating out has to go, along with extra vacations and other unnecessary expenses. Any subscriptions I don't need, or regular expenditure beyond daily living and socializing. It's time to be on cash basis for a while, still supporting base habits and hobbies, but nothing beyond.

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