COPING WITH THE ECONOMY AND LEO POWERUP DAY (LPUD)

in LeoFinance14 days ago

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Yesterday we came back from a 3-day trip which is just some miles to another state but the transport fare was so exorbitant that you would think we leaving the West for the north. The spike in transportation is based on the fact that the price of fuel has gone so high that what used to fill up a fuel tank can no longer be sufficient for half a town. We had to squeeze out funds to make the journey because it was necessary and important. In my country Nigeria it has really been difficult to manage and cope with the financial crisis everyone is facing prices of goods and services have tripled them for more important things. Everyone now has a strategy to cope with the economic than done of things.

A friend of mine who's wedding is coming up was complaining bitterly on how the prices of things were not favorable to accommodate and place the important projects first, like the wedding rings, reception hall decor, food and drinks and so on. In view of all this one of the best coping strategy to employ at this time is to cut cost, by buying what is important and leaving what is less important.

For instance, yesterday I went to a small market because I wanted to make sauce for rice. I was craving it but on getting to the market and seeing the cost of beef I had to switch to the option of using fish to prepare the sauce. This action was taken because I felt that I only wanted to make sauce that will be sufficient for just two meals and buying the beef at such expensive price at a small market and not a general market would be a kind of cheating on my path and waste of money, so I went for fish it was less expensive and even had more nutrients to offer.

Other means of coping in this economy includes budgeting which is a necessary and important means of planning ahead your income to suit necessary spending. Also, engaging in side hustles has helped to reduce the burden placed on financial incomes by means of this hustle, you get extra income to sort out necessities that have been overpriced.

LEO POWERUP DAY

Today is one of the significant days for the inleo community as we participate in the Leo power up day (LPUD). As most of us are all away the 15th of every month is set aside to contribute your quota to the community by believing that it is built bullish in the future hence we take our liquid Leo to become leo power which will also intern grow our importance and influence in the community.

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To support the inleo community for their hard work, growth and development so far for this month I powered up the sum of 150 liquid Leo. My total staked Leo power is 3K. In accordance with my set goals and strategy of attaining 5K Leo power by the end of 2024 I am still on track to achieving that. All these was achievable by the several means I employed to accumulate liquid Leo and some include constantly posting long form blogs, engaging during threadcast, making short form post via [threads], exchanging and swapping hive backed dollars which is hbd for Leo, receiving daily Leo pay out by means of delegation and so on and so forth.

This strategies have really helped me to go on the platform and following the courses sent rise of Leo I am very bullish on the fact that Leo would take over the crypto market space soon enough.

The April inleo prompt has commenced for the new month, it's an opportunity to take on topics of your choice and write on them. Check the link above to participate.

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The inflation rate now is terribly high. It has become a norm these days to visit the market and change plans there because you discovered the price of the thing you wanted to buy has changed drastically.

It's really taking a negative effect on people's income

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Great to see you're growing your LEO stake @henrietta27. 🦁