Most of us do not have enough to brace against all these uncertainties, which will surely throw us into difficulty, may be from today on, we must learn to practise simplicity, and cut down luxury. Our utility bills must come down, we must now learn not to waste, things like electricity, water, food and etc.
My all time financial advice is always, one cent saved is one cent earned
One true life story : A friend of mine, who 4 years ago MAXed his 5 credit cards for a total of RM60,000 +, now he has to pay monthly about RM1349 for the next fifteen years after consulting with Bank Negara (national bank AKPK) for strcutured repayments schemne(and he cant use credit cards utill he settles all the debts), i believe if he could turn back the hand of time , he would had chosen a more frugal lifestyle. Mind you he is 51 years old now.
P/S, do not worry about things that we do not have control over, relax , just do it