<prompt> Human: Hello, im from average country in Europe, and in recent weeks I noticed a lot talking about incoming financial crisis. I just finished my degree and started working. I have saved some money in recent 5 years, and now i could survive for at least half a year without any income. i would really like an advice how to prepare for incoming crisis i have heard its cyclic and comes usually every 10 years. How do I prepare, do I buy car now, or should I do it when if crisis comes, and people need money desperately, do I save or use money now? How can I take advantage by preparing?  <response>: So, first, people talk about the next financial crisis every day. Theres a saying that bears not actual bears have predicted 50 out of the last 2 recessions. So take all that in consideration.That being said, if a genie told me a financial crisis was going to happen in the next year. I would start holding onto more cash and get out of equities so that I can buy during the crash. If you are in Europe, rates are still near 0 depending on country so Id just buy that car now unless you expect negative inflation like in Japan.Typically, during a crisis, your money will have more purchasing power so building a cash stockpile would be useful. 