posted on Aug, 8 2011 @ 02:17 PM
I am reading so many expressions of anguish because of the responsibility people feel towards family (and also employees) in the face of growing
financial pressure that I thought it worth offering some pointers which could even make a difference should the whole system tank.
The answer is not going to drop into anyone’s lap. The only way to get through will be to act. The time to view current events as abstract economics
is clearly gone. We are all being affected, and we will all reap the future rewards of decisions taken and policies pursued by those responsible.
Be proactive. Sit down and make a plan.
* Assess your priorities. What expenditure can you cut out now — before things get any worse? Can you do without any of the services you currently
pay for? Can you at least find a cheaper provider? Be more ruthless than ever before.
* Accept that we now live in different times, and we all need to cut our cloth accordingly. It is nearly always possible to reduce food bills, and
with determination it is often possible to reduce fuel bills: drive less, and drive more slowly. Can you share some journeys?
* When time comes to pay for large annual bills, is there an option to shift to smaller, regular payments? (Just beware exorbitant interest.)
* Is it time to consider supplementing your income? A small part-time job? Maybe you would never have considered it before. Times are changing. Are
there items you could sell? Reassess, and act.
* Might it actually be time to consider moving from a job that is looking increasingly insecure to one that pays (?considerably?) less, but is more
secure? Think about it. And act.
* Last, but not least — do you know someone who is in more difficulty than you? Is there anything you can do for them? Act. If you help someone else
survive it will boost your self-esteem and increase your determination in the face of events over which you have no control. (And you never know —
before too long you may find yourself needing someone else’s help too...)
The main point is: there are things we can do. We are not entirely controlled by circumstances beyond our control. When times are relatively
easy we all tend to sit back to an extent, and accept our circumstances. It just won’t work in a massive crisis.
The real answer to the economic woes of our time is massive austerity: a ruthless cutting back of government expenditure in carefully targeted areas.
But the masses are too used to having everything put in their lap, and they won’t accept it willingly. But if we swallow hard and accept the
necessary pain on a personal level we can all get through. But it takes guts.
What suggestions can you add?