Critical financial situations and solutions for 2025

 Life that needs necessities and services to sustain it ,is very imaginable and sometimes fantastic, for one to enjoy  abit of it,it needs special ingredients that best suits it and that is none other than financial strength.

 While we live in this modern day money economy when we acquire it,it automatically accomplished many of our goals and visions.

 

The general issues that critically and always affect our financial positions that leaves heavy burdens and disappointments are directly associated to our daily habits that are difficult to control,there different types of habits some are inborn and those that are forcefully developed by ourselves without analysing the impacts that it causes, inborn habits include hereditary selfishness, pride these habits can only be solved by self examination, realisation and willingness to change they can greatly affect your financial strength by affecting your social life and scaring away your business associates and depopularises your brand. The other habits developed by one include alcoholism, laziness, these are one of the most dangerous of all times both don't allow one to plan or do any productive work remember every human has the same hours in a day to produce an output nobody has extra time so the best idea is to face it out and achieve your financial goals.

 The other financial critical situation that affect or affects everyone before is shortage or lack of financial help at every time of need ,this is one of the most commonest of all you can prove it by yourselves by reflecting your past and analysing it you will  discover that at one time you lacked the funds you needed to solve the specific situation ,when you encounter such a situation,it is not easy to solve as soon as possible although there some short term solutions and immediate such as asking for help from friends, selling property, borrowing loans all these still will bounce back and hunt for  you. The best way to always keep in place with this situation is to save emergency fund without this l truly tell you it will not be an easy moment.

 The other financial critical situation is debts, a debt is like working while being handcuffed.mostly when the borrowed funds fail to yield what you hoped for and make significant return it turns into a problem no longer an aid or method to lift one from financial difficulties but it totally distracts what you already have built. The best solution for this is when you are operating a business you must know your total assets then follow the law of borrowing money the first one is 

1. Never borrow money for starting up  but borrow for boosting, it becomes less risky.

2. Always borrow money that is less than your total assets incase of failure to pay ,you won't loss everything.