Economy and Finance New Normal

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What do you understand by NEW NORMAL?
When we say something is new, it means it wasn't initially there or in existence. And normal is a way things are done or the pattern, system, or process or how something is done or usually done.
You often hear people say it's normal for this to happen, it's his or her normal lifestyle.

So what do I mean by Economy and Finance New Normal?
Before I tip in a little about that, I will like to cite an example.
My mother went to the market this afternoon to get foodstuff only for her to come back complaining of how costly things are in the market. The sudden rise and changes in the prices of goods and commodities.

In a normal state of mind, we would say that it's normal being that the Christmas season is fast approaching and we know during this period, things are always costly, ranging from food to clothing. It is believed that during this period people spend more than necessary because of the spirit of the season. Sharing in love and getting new gifts and presents for loved ones.

So when my mom came back home and showed me the slightest thing like Onions, my jaw dropped lol. You needed to see the size of the onion she purchased at N100 Nigeria Currency. A size we could have easily purchased with N10 during other periods or seasons.

This is how many copes during the Christmas period. Some don't even have enough to spare but they still have to purchase goods anyway.

But the truth is, whether we like it or not. The prices of goods and commodities aren't coming down. It keeps increasing every day.
And the sooner we accept this Economy New Normal, the better for us.

I often hear people waiting on the price of something to go down before the purchase that thing but only for them to regret later because instead of the price of that particular thing to go down, it went up and even higher than the initial. And when this happens, regrets follow.
Some will curse the day they waited on the price to go down instead of getting that thing at the initial price it was at the moment.

So you see the world is changing and so is our economy and finance. Nothing is getting easy. The saying that The higher one goes, the tougher it becomes is true.
Nothing is coming down anymore, so stop waiting for things to come down.
Have a plan and stick to it no matter how our economy turns out to be.

Every stage will bring it's own new normal and we need to accept them. Rather than whining and waiting on when things will get better or back to how it was, utilize your resources and make it work with the present economy.
The world is evolving, and so is our economy and finances.
Nothing is stagnant or stationary. It keeps evolving and growing.

The same happens in the coin market, our cryptocurrency. Today the price will be in favor of one and the next hours it isn't. That is how everything works.
Nothing is easily predictable. You just have to work at your own pace and resources to suit your condition.

Be open to new things and always be ready for the worst because anything can happen in just a few seconds, in a twinkle of an eye everything can change. The same happens in our crypto world with the rising and falling of coin prices and tokens.

The economy and finance new normal is something we should be ever ready to always accept no matter the circumstances we find ourselves.
The earlier we accept every new normal, the better for us.

@zellypearl

Posted Using LeoFinance Beta



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