It seems that Liverpool is going to have a lot of new hires next season, as manager Jurgen Klopp, assistant managers Pepijn Lijnders and Peter Krawietz, and development coach Vitor Matos all announced that they’re leaving the club. That said, it’s arguably Klopp’s announcement that has fans the most shocked and dismayed. The manager explained the reasoning behind his unexpected announcement.
Jurgen Klopp said, “I can understand that it’s a shock for a lot of people at this moment when you hear it for the first time, but obviously I can explain it – or at least try to explain it. I love absolutely everything about this club, I love everything about the city, I love everything about our supporters, I love the team, I love the staff. I love everything. But that I still take this decision shows you that I am convinced it is the one I have to take. It is that I am, how can I say it, running out of energy. I have no problem now, obviously, I knew already for longer that I would have to announce it at one point, but I am absolutely fine now. I know that I cannot do the job again and again and again and again.” Essentially, the manager is taking some time to focus on his mental health, which we certainly applaud.
His Contribution to the Team
Whoever replaces Jurgen Klopp will certainly be held to the high standards the manager set. Under Klopp’s management, Liverpool has won the Premier League, Champions League, FA Cup and League Cup. As of the time of writing, they’re at the top of the Premier League. Not only that, but Klopp is beloved for his strong emotions, outrageous antics, and truly being passionate about his work.
We don’t blame him for needing a rest, but he’ll most certainly be missed.
If your wallet feels a little light lately, inflation is probably to blame. Inflation doesn’t only drive up the costs of products and goods, it also makes it harder to make regular financial decisions like investing, spending, saving, etc. So, all you need is to store a few tricks up your sleeves to tackle such dire economic conditions, and we’ve rounded up the best ones for you.
Getting a Full Picture of a Budget
The smarter decisions with your money need a clear picture of the exact money you have in the first place. According to professionals, in the practice of inflation check, the budgeting exercise comes first before the prioritization exercise. It’s easy to track your transactions and finances. Just download a budgeting app or check your online bank account statement every now and then.
Saving Without Agonizing
Inflation generally comes with the effect of rising expenses faster than your income. So in the condition of tighter money, it gets harder to save for the long-term. But it’s necessary to have enough in your savings account as a 3-to-6-month emergency fund. You don’t need to stuff more than that, as interest rates likely remain a lot lower during inflation. So, calculate cleverly.
Intentional Cutting Back
People are generally pretty good at budgeting around large expenses like mortgage or rent payments, monthly groceries, car EMIs, etc. It’s the smaller recurring expenses, such as streaming, file-hosting, meal kit services, newsletter subscriptions, gym membership, etc., which add up quickly. So during inflation, be firm, prioritize your necessities and get rid of everything else.
Investing in the Most Boring Way Possible
Though it sounds dull, this is the step that can get you through tight inflation. Inflation is not the time to make risky bets. So instead of a volatile stock market, invest in low-cost long-term goals and safer assets, with retirement in mind. It’s better to hold off on meme stocks for the time being. Think of your investments as the more linear and straightforward, the better.
Believing That Life Is More Than Just Money
This particular life motto can save you in many tough situations, let alone inflation. The recent global scenario has taught us to spend less money and more time in our daily life. So, hold onto that practice and try to hang out more with close ones who spend in better and more thoughtful ways. Certainly, camping for the weekend will save more than a stay in a fancy hotel!