“To acquire money requires valor, to keep money requires prudence, and to spend money well is an art.”
Berthold Auerbach, German author and poet
Save or buy?
The economic crisis is an unstable and risky time to make savings. Production stops, prices for many goods rise and people’s incomes fall. It is important to rethink your financial habits, learn to spend less and save more. How to manage expenses the right way and remain confident about the future?
1. Manage your family budget.
Not keeping track of your income and expenses can be a fatal mistake in times of crisis. Get a special notebook or download an application on your smartphone in which you will note all financial transactions. The numbers will show you the ways how you can economize.
2. Stay away from loans.
Given the difficult circumstances, monthly loan payments can cause significant damage to your budget. If you already have loan obligations, try to repay them as soon as possible.
3. Prepare reserves.
Pre-formed financial reserves will help you and your family survive the crisis period without major losses. If you still don’t have such a “safety cushion”, then it’s about time to create one.
4. Develop a habit of saving up.
Limit the amount of money you spend every month. Postpone the purchase of unnecessary, mood-elevating and newfangled things until later. Today it is extremely important to manage money rationally.
Why gold?
When savings are made, people start to think how to create a financial airbag for the long term.
Usually preference is given to options with minimum risk.
For several decades in a row, deposits in gold have been considered the most reliable ones. This is evidenced by the fact that most countries actively buy gold. By its quantity in the country’s reserve, the level of its well-being and the power of the economy can be estimated. Buying the yellow metal is especially lucrative when a financial crisis is raging around, and one needs to find a “safe haven” for the protection of funds.
For a long time, there was a stereotype that only corporations or rich people could buy gold. Today this myth has been debunked, and the precious metal has become accessible to most people.
A high demand for gold continues to boost its market price. It has already exceeded $1,700 per ounce (31.10 grams), but analysts believe that this is not the limit. Economists at Citi Research project a growth up to $2,000 per ounce in 2021, while Bank of America expects the price of gold to reach $3,000 per ounce in 1.5 years.
Get started now!
If you want to create a personal gold reserve and take care of your future, do not hesitate — buy the yellow metal today, as it is particularly important to preserve your savings while protecting them from inflation and financial crisis.
On the international GIG-OS platform, you can buy gold on particularly favorable terms. By purchasing investment gold bars weighing from 1 to 100 grams, you will reliably protect your savings from economic shocks, ensuring a safe future for yourself and your family.
Gold is the key to stability and success!
