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How easy is it to adjust to financial contractions and adapt?

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Sometimes, the finances of people contract and they have to make drastic changes to their lifestyle from what it used to be. That is just to be in sync with their financial reality and position.

How easy is it to contract our lifestyles when finances contract?
 
When you are financially real to yourself, you would be willing to do what you have to do to just survive when your finance is down.
 
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