
You have probably noticed the past year or so has been a down cycle economically. Many people have lost their jobs, value of investments have taken a major hit, people are having to rethink retirement and it seems the majority of folks have gone into survival mode. I am sure that most people can relate to feelings of distress and concern. Yikes! Can there be an upside to all this? Here are some that I have discovered...
- Consumerism "pursuit of happiness through possessing" as my son Andy defines it is under the microscope as we think it through as a lifestyle. Hopefully this time is giving all of us an opportunity to rethink what is important in life and making adjustments that will last for years and reshape how we pursue "happiness" into the future.
- Purchasing habits - Rethinking the use of credit. Hopefully tighter credit requirements will result in people changing their spending habits by staying out of staggering debt with all the pressures that it puts on their lives, marriages, etc..
- Patience - Learning to wait and being content...what a concept. Adjusting to the fact that you don't have to have it now.
- Simplicity - Our lives can become more meaningful as we uncomplicate them through having less and appreciating what we do have more. People are learning the freedom that can be found by not having so much stuff.
- Family - Learning that it is people that matter more than what we own and enjoying the simple pleasures of being together.
- Discovering a new future - Evaluating what we do, why we do it and how we do it. This has been a great opportunity for people to evaluate their lives and pursue a new future.
- Trusting God - a lot of prayer has gone up all over this planet over the last year as people have cried out for mercy and help. That has got to be a good thing. Some people have turned from the God of money to the worthy master in Jesus.
What has been your upside to this down cycle? How are you going to go into the future a better person?




















By Jim Hagman
(Friday, Oct 2, 2009 4:08 PM)
Bummer! I thought you were going to have some great investing tips. Just kidding. Thanks Tom.