How can one deal with economic cycle?

A question that always appear is: how can one deal with the problem resulting from economic cycle? In order to answer this question, let us look at another phrase. Is it possible to prevent the inevitable? How can one deal with the inevitable?

     The only way one can deal with the inevitable is to plan ahead and prepare for the worst. The main problem people face is the addiction provided by capitalism through unending pleasures of life. The pleasure involves the desire to have the best life can provide. As a result, many people do not think about tomorrow even if the information is readily available to them. However you may tell people that the economic boom may not last for a long time, only a few will take it serious. 

     Satisfying immediate needs does not allow many plan for the future. Dealing with bad economic cycle is nothing but preparing for the worst situation. That means saving during the booming period to use during recession. There is no miracle. One can only achieve what he or she desires by making sacrifice. There must be a tradeoff. Think about this!