To survive a crisis, you can take the following steps:

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In order to survive a crisis, it is important to take all of the steps listed above. By establishing a larger than usual emergency fund, you can ensure that you have a safety net to fall back on if you experience a sudden loss of income or unexpected expenses. Knowing what you owe and reducing your spending can help you get a better handle on your finances and ensure that you are living within your means. If you are unable to make payments, it is important to communicate with your lenders so that you can work out a plan to get caught up. Finally, monitoring the value of your investment and retirement accounts can help you make informed decisions about when and how to invest or withdraw money.

To Survive a Crisis, You Can Take the Following Steps