Maybe you, like many of us, have been raised to think that the safest way to live in the working
world is to have a good career and a steady paycheck. This financial crisis is challenging that
framework for many people. Even if you had a steady job, and even if you still have one, by now
you’ve learned how easy it is for that security to disappear overnight.
A recession can reveal all of our negative thoughts and internal monologues about money. A
sad, yet common, attitude is for us to see money as a scarce resource, and income as
something that’s outside of our control. Thinking or talking about money can trigger feelings of
guilt and shame in many people.
It doesn’t have to be that way. The truth is, money is a tool that you can access and multiply,
independent of anyone else’s permission. And even if you do have anxieties that keep you from
seeing how money can be a positive part of your life, that can change.
Review Your Relationship with Money
Other people may react to this period of uncertainty with the same, old-fashioned advice: live
within your means and keep 3–6 months’ worth of income in an emergency fund. If you have a
secure job that pays you well, and that you enjoy, this is great advice. But, if that’s not what is
true for you, you may be looking at this time as a great opportunity to make a shift and create
your own financial security.
Consider this: what if you weren’t relying on a check from your boss (or the unemployment
office, as the case may be)?
What if a shift in mindset could change your relationship with money, and set you on track to
secure you against economic highs and lows in a way you never even dreamed possible? Or,
maybe you have been dreaming about it, but don’t know how or where to start to move it all
A financial crisis doesn’t have to be a crisis for you or your family. In fact, this could be the
perfect time to access the wealth of resources currently available to fund your next level of growth. It’s a time to invest in yourself, and to learn to use your gifts, skills, and talents to serve
others in a big way. That way, you won’t have to depend on anyone else, including your job,
corporations, or the government, to sustain you.
Financial Crisis or Wake-Up Call?
Whether or not you have a day job, see this moment as a wake-up call. It’s time for you to take
stock of your greatest resource—yourself. What can you do that other people can’t? What can
you give that other people need? Start exploring the resources within you, and you’ll realize
that you’ve found your way of contributing value to the world.
Everyone has something to offer, and that offering goes far beyond just the products or
services you give your potential clients. If you use your talents to become a higher earner, you
can establish yourself as a leader in your community, and affect change in areas that you care
about. You can contribute to the growth of your local economy by employing people, and be
part of what helps pull the larger economy out of the rut that it may be in.
Even in the lowest of times, even in recessions, there have been many, many people who were
able to forge their own paths and grow their wealth through entrepreneurship. You can be one
Opportunity to Learn New Skills
Things have been tough for our lives and livelihoods, it’s true, but we shouldn’t let this moment
go by without considering what we can learn from it. I hope that you are learning about how to
be prepared for an emergency when it comes to your savings, investments, and income, but not
necessarily in the way we’ve been taught in the past.
As we go into this brave new world, the most important thing you can have is a high-value skill
that is needed and wanted, no matter what. The next step is to create the systems and
structures to offer that skill in a way that you can rely upon, no matter the ups and downs of
the economy. This is a lesson that will benefit you, and that you can encourage in your family
and friends, and serve as an example for your children—raising a new generation of economic
and community leaders.
We are in a time when your best investment is in your resourcefulness, and your creativity, and
your community. Bring these together, and your family can rely on you and what you’ve
created, and you can trust that your children will be great, no matter what.
If you need help figuring out your next step, please call us, and we can help.
At Jones Legal, P.C., we don’t just draft documents. We ensure you make informed and
empowered decisions about life and death, for yourself and the people you love. We offer a Life & Legacy Planning Session™ to help you become more financially organized than ever before, and make all the best choices for the people you love.