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Introduction

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With the current economic climate that makes headlines around the world, it’s normal to feel uncertain about many aspects of life right now, including your finances. 

Throughout this tumultuous period, your health is the No. 1 priority. You can, and should, make your best efforts to stay healthy. You and your family may be affected in other ways. Many may face retrenchment, demotions, reduced pay or forced to take unpaid leave. Bonuses and raises are being frozen by companies, while some cannot find jobs at all.

Maintaining your financial health during this situation may be challenging. With a solid grip on your finances, you’ll be better prepared for whatever life throws your way in the coming months or years.

More so, most of these handy guidelines will be equally applicable during non financial recessions.