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Thursday, February 18, 2010

Back to Basics


For longer than we care to acknowledge, we’ve been hearing the rumblings noises of a collapsing economy. Progressively, however, for many of us those noises abruptly turned into living the effects of the loss of a job, the end of a career, the advent of a new reality.

It is this personal aspect that I want to talk with YOU about today: When it comes to personal finances, everyone, and I mean, everyone has an opinion as to how to deal best with YOUR finances.

The truth is, no one but YOU, understands best what it means to deal with the constant dread of loosing YOUR way of life, loosing the life YOU’ve become accustomed to, loosing YOUR sense of self.

I could go on, and on, about the bright side of things; about the new opportunities this new reality brings to YOUR life. The truth is, though, YOU and I both know, that any diatribe focused on that angle does little, or nothing, to help YOU cope with the dread of loosing it all.

YOU, and only YOU, have to deal with that nagging voice inside YOUR head; and so, the question becomes; what can YOU do to cope?

In that light, here are some things to consider:

  • Take a moment to figure out your expense priorities.
  • Find a “sounding board”, someone you trust, who you can talk to about dealing with your new reality.
  • Continue exploring your income potentials –keep all options open.
  • Finally, the increase stress brought on by your new reality will likely cause a spike in your blood pressure. A good mechanism to deal with this is to practice slow breathing on a daily basis. It’s free, and you can do it at anytime, anywhere.
Sure, there is always tomorrow, with chances to start over again; in the meantime, there is today, however, and adjusting to the portrait of YOUR new reality will take all the courage YOU can muster to keep in motion.  Just keep at it. Now... Let's talk about you!

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