I am sure most people would say curse!
Recession can be the beginning of the end for some folks.
It can be drama filled - jobs can be lost, small businesses can close, homes can be lost, bankruptcies happen, careers can be derailed and more.
All these things can be devastating for sure. I dare say that the biggest losses will happen to the folks that are not in any way shape or form prepared for hard times. Hard times happen to each of us at some time and odds are we will all go through a recession (again for many).
If we take a little time to prepare each and every day - we CAN SURVIVE and learn to thrive.
How can it be a blessing?
Well,, there are many things that happen when families have less money and opportunities and it isn't all bad!
*Parents will HAVE to learn to say no to their children and in some ways reinstate the proper order of authority in the family structure. They will cut the cord on 'entitlement'.
*Families will spend more time together as a unit - instead of running to restaurants, cinemas, malls, etc. I mean isn't family time what FAMILY is supposed to be about?
*People will have to learn to live within their means (or even below). I don't see this as bad - it will be a great learning curve! They will have to get used to not having that ever expanding line of credit!
*People will have to learn to do without - that could be painful for many after years of having anything and everything. Hopefully it will be a great lesson on basic living and being grateful for WHAT they do have. They will have to get back to basics (the sad part is many don't have a clue what the basics are!)
*People will have to stop competing with their extravagance - and learn to work together and share.
* I think it can make people healthier. Cooking from home vs. going out for junk, doing things that require physical labor (exercise) vs. paying someone else, getting creative and reusing vs. depleting the world of more resources, gardening vs. store bought junk, etc.
I know not everyone will agree with me on this way of thinking and that is OK. In my eyes the heroes will be those who can make it through the worst of times with grace and goodness instead of anger and spite. Gaining wisdom is such a gift - and some of the best gifts we get come from heartache and loss. We all need to make something good happen from something bad - then it makes a little more sense. If we strive for the good we will have less anxiety and stress and more happiness. Even in recession folks can be happy - you have to realize things and money are NOT happiness!
Now is the time to take action.
Save what you can
Pay off every bill you can possibly pay off
Don't make new debt
Start reading and learning simpler ways of doing things
Learn to cook from scratch
Start reconnecting with the family - one on one (not electronically)
Keep some extra funds at home for emergencies
Work on storing food and supplies for the time you may have no money to buy them
Have a no spend month once in a while to prepare (spending on nothing but bills)
Be prepared for anything (it can happen at anytime)
Breathe and don't panic - you will survive - things will eventually get better
I believe many of us here practice living a lean and sufficient lifestyle daily - that will surely help us in the worst of times. We have dedicated ourselves to having a better more simple life.
How about you?
Will you survive and survive well?