Our opening verse shows that no matter what happens in life, you can never be disadvantaged. This is the heritage of the new creation in Christ: It's not an assumption; the knowledge is definite and for certain that all things work together for good to them that love God. That's why you ought to count it all joy when you go through diverse tests, trials, and persecutions, because the result is obvious! It would turn out to your advantage.
Consider the man Joseph, in the Bible: His brothers hated him and wanted to kill him, but later sold him as a slave to a band of travellers, who, in turn, sold him to an Egyptian named Potiphar (Genesis 37). Potiphar observed that God had blessed him because of Joseph, and as a result, he put Joseph in charge of his entire estate.
Things went awry for Joseph when Potiphar's wife lied against him, and he was thrown into prison. However, right there in prison, the Lord was with Joseph, and blessed him, so that the jailer was pleased with him, and put him in charge of all the other prisoners.
In the process of time, God brought Joseph out of prison to become the prime minister of Egypt. Through a foreigner in Egypt, he became the head of government, subject only to Pharaoh. Who would have thought Joseph would have such honour, bearing in mind all that he went through? Only God can do such things.
It makes no difference the challenges you might be facing at home, in your workplace, amongst your friends, etc.; be comforted, because they'll turn out to your advantage. The unfavourable economic situation in the world isn't set against you; therefore, refuse to be moved! As the seed of Abraham, it's your heritage to soar in prosperity even in austere times. No challenge can overwhelm you; you're a victor in Christ Jesus.