Monday, December 8, 2008

Choosing Wisely During A Recession

There are so many ways in which to approach the current economic situation we are faced with today. We can either tense up, get angry, fearful and point the finger.....or we can take this opportunity to make changes in our own lives. What changes are those you ask? Well, I believe it gives us all the chance to look at our own personal financial situation to see where we are spending our money, and how we can get through this recession without feeling shortchanged, so to speak. Whether it's disciplining ourselves to pay off credit cards and only pay with cash, letting go of buying things that are not absolutely necessary, or finding ways in which to make a dollar go further.......the point is, believing that you can in fact make adjustments that will make this recession easier to cope with.

Discipline is a very hard thing to incorporate into your life, especially when it comes to buying things that you are entitled to, because you work very hard for your money.....and there is nothing wrong with having specific ways in which we want to spend that hard earned money. Also....if you think that you are exempt from being a part of this recession, you are sadly mistaken.....for we are all a part of it in some way. That would be like saying you have no part in global warming....which of course is absurd. Your car affects the atmosphere just as much as anyone elses does, so it's time to acknowledge how you fit into the grand scheme of things.

It may be time for us all to think about making sacrifices, and instead of seeing the lack of, transform our thinking into an abundance, not of you getting what you want, when you want it, ignoring the cost.......but seeing there are so many other ways in which to be satisfied with a more modest mindset. This all has to do with learning humility and realizing that less is more........and more importantly, your willingness to scale back on your spending will make a statement to those around you. They will see how you handle your thoughts about money, how you choose to spend it, save it, and more profoundly seeing that you have clearly set your priorities in this life, and have chosen wisdom about your spending, instead of blatently ignoring the fact that we all are affected by the recession.

We all have dreams and wishes of how we want our lives to look, things we'd like to have and waited a long time to get, but if we really want to choose wisdom and realize that we can make a difference in how we get through hard times, it will be to recognize how we can very easily scale down, save for those things that we truly want in this life and mean the most, and let the rest go.

So before making plans to spend money you don't really have, or expecting someone to spend their own hard earned money on something that is only temporary, when you know in your heart and mind there are other ways in which to wisely spend or invest your money, stop and realize how your next move could have an impact on those around you. We all want what we want, or say yes to those we love, when we know we really need to say no.........but you can, whether you believe it of not, make a profound and valuable statement by stepping back and choosing wisdom instead.

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