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 As current economic recession keeps biting harder and there no relief yet in sight. 
  It has become necessary for nigerians to adapt to the situation and learn how to manage their lives till things get used to the situation till things get better.  
 Here are few tips that would help.

Identify your monthly expenses
In a recession, there’s usually tight cash flow. People are hardly ever willing to give out cash, or borrow out cash. So you should be able to manage the little you have and outline your budget before spending your money. 
Plan a budget and save
Now is the time to have a strict saving and budgeting routine. Although there is the universal 50/20/30 rule, which means you should allocate 50 percent of your income for essentials (like housing and food), 20 percent as savings and the remaining 30 percent goes into your life style choices like the cable TV or nights out.
However, when already in a recession, one has to be frugal. Therefore, a more appropriate approach to surviving an economic downturn would be to divide your monthly income using the 50/30/20 rule, where you save 30 percent of your income. That way you can have enough to fall back on in the case of an emergency.
Boost your income
Aside from your regular 8-to-5, it is time to take on a part-time jobs in order to boost your income. You can decide to monetise your hobby (some of which may be tax-free) by working harder on it during your down time or on weekends, that way, you can earn some extra cash.
Live within your means
It is time to cut out wastage and extras. Avoid purchasing what you don’t need. Scour shops and supermarket for sales, save on electricity usage. Try to cut costs in every possible way.
These should help you help you during this rainy days.

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