It's may be a hardcore recession this time, which already spreads it's poison in the economy of India. Almost 13.67percent fall in overall economic marker is recorded. Foreign exchange, repo rate is also indicating that crisis started. Already 17Lakh of employee lost job in last quarter. Prepare and get ready for the bad times...
You can follow this steps-
1. Try to minimise extra expenses
2. Try to avoid big buying in next 6month
3. Avoid investment now, nobody knows SIP and trading will bring what amount of loss,since all are depends on the recovery.
4. Don't buy gold now, likely the price will fall from December
5. Mediocre people, small business will suffer the most, so make your budget tight.
6. Online purchase can be risky, since sites are already in loss.
7. Convert / consume all your digital money( Paytm,Gpay etcetc) into physical fund.
8. Priorities your family expenses.
9. Stay alert - snatching on roads,robbery will increase from coming festive season.
10. Try to cumulate at least your 6 month expenses from now on. The situation may be worst from November December 2019. It may persist till mid of 2020.
Please be alert, and circulate it like a responsible citizen, with your close friends and loved ones.
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