Looking for Positive Aspects of the Economic Downturn:
April 20, 2009 4:17 p.m. PST
Our Country, as well as the world, is going through an economic downturn that is affecting almost everyone. Jobs have been lost, salaries have been reduced and retirement savings have shrunk by as much as 50%. The economy will surely rebound. However, it may not rebound in time to help people who are nearing retirement. The worry and fear that accompanies this economic downturn are not good for our health. The healthiest thing we can do right now is assess where we are now and develop a plan to see us through these difficult times. You may want to find a trusted source to help us manage this paradigm. This will free you from stress and let you really live your life.
Some may be fine financially but most need to some damage control. If you are no longer comfortable with your financial future, you should begin by getting out of denial, open statement, gather fact, to create a financial plan for retirement. You must manage cash flow. Income and expense must balance. Once this has happened you can pick up the pieces and move forward. You also need to work on your attitude.
One of the best things you can do to cheer yourself up is to help others. You may not have money to contribute to charities, but you probably have time to volunteer. There are many people in need of food or services. You can help in a soup kitchen, deliver meals to seniors, or provide food for those in need. There are many other opportunities for volunteering. We are one human family and it feels good to help.
One lesson we can learn from the current situation, is that our connection to people is more important than our wealth. As individuals, we have no control over the economy. Greed, working long hours and looking out for "number 1," are traits that are no longer admired. We can see that people are trying to connect with others through the increased memberships of online dating services. Children are moving back in with their parents or you may decide to rent a room to a friend. This is a good time to enjoy activities that may be inexpensive or free. For example, some of our happiest times are spent talking with friends, playing board games, going for walks, going to the library, or going to a museum. You could grow a vegetable garden. This will provide a healthy, organic food for you and, perhaps, something you could share with friends.
Another healthy thing we can do for ourselves is to keep a gratitude journal. It is important to not lose sight of all the wonderful things we have in our lives. Every night before going to bed, sit quietly, take a few deep breaths and write five positive things that happened to you that day in your gratitude journal. These things can be as simple as sharing a pleasant moment with a family member or friend. Concentrating on the good things in our lives will help us to keep a positive attitude.
Mark Halsey
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