Friday, March 1, 2013

8 Ways To Gain Wealth In An Economic Downturn


Economic downturns are a fact of life. And here is the dirty little secret; the government is not what brings us out of recessions or depressions. They cannot improve our confidence in anything. We make a decision that the world is not going to end and we stick our head out of the rabbit hole and begin to spend a little more money. You see, money did not disappear people just quit spending it. No huge piles of money were burned in a pile at a secret location. So the same wealth or even more is available now as in a boom market.

So here are my 8 ways to end your personal economic crisis and gain wealth:

Appreciate what you do have. Even if you have lost during this time you need to count all of the positive blessings that you do have in your life. Make a list, include family and friends. The fact that you woke to start a new day may be the biggest blessing that you have. Now is a time to learn how to have fun not just buying fun. Take a Saturday and have your family join you and make a game of who can find the most low cost or free ways to have entertainment. You will be amazed how many thing there are to do that cost very little or nothing at all to do. Take the sandwiches that you were going to have for lunch and eat them at a local park. Now is a great time to volunteer to help others. Be the driving force that changes other lives and it will change your life. Work together as a community. Get your friends together and everybody pitches in and help one family each weekend. The guys can pick one house every weekend and make minor repairs that will help save energy. Use the talents of each. The next weekend move to the next member's home. Maybe the wives can get together and go to Costco and buy food in bulk and divide it up to lower the grocery cost. Then make meals for everyone for the week ahead. Helping each other gain wealth helps you gain wealth. Help each other improve the economy of their business or job. Refer people to your communities' places of business. Sharing ideas with those outside of your community and bring them into your circle helps everyone. Help your boss. Offer to work an extra couple of hours of work for 1 hours pay. Remember your employer is struggling just like you are. Show them you understand and you are in it for the long haul. You and your employer will enjoy your job more. Economic downturns hurt all creatures. Give back to those who give unconditional love. During these times of economic hardship animal shelters struggle as much if not more than any other charity. A new pet will give a lifetime of love and create new healthy activities for you as well. Grow your Wealth. Plant seeds. Remember wealth is not just about money. Growing anything improves everyone's outlook on life. If you grow a garden share it with your friends. Help make their health and wealth improve. See how many new friends you gain because you plant a tree or grow a garden. Look for others in need. Pay it forward now. Find others in need and help them. The love and kindness that show others will spread. The key to overcoming economic crisis and getting back on the road to wealth is in building confidence. By helping others your confidence and theirs grows.

Keep in mind that everyone has a personal economy that they worry about. To improve our personal economy we must improve the personal of those around us. And that my friend is what wealth is all about. If you can think of more ways we can help each other I encourage you to post your comments either here or on my blog.




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