Similar to an article that I posted before I think it is time we revisit what to do till the economy rebounds:
1. Take stock and inventory of what you have. You have a lot more going for you than whatever it is you identified with as your job. You have your personality, your skill sets and your ability to learn new things. If you are willing to keep retraining yourself and rethink about your life and lifestyle you should be in good shape.
2. Stay healthy and keep your family healthy.
3. For now, think in terms for dealing with basics – food, clothing and shelter.
4. Take any job you can to get an income stream.
5. Keep doing any inexpensive hobbies or crafts or sports that don’t cost anything or are super low cost to keep yourself entertained.
Everybody else, even the people who are rich are going through adjustments and I still stand by original sentiment that I think this will last for up to five years. Anybody who thinks everything will be okay in a year is kidding themselves unless we all get lucky with some sort of act of God or something changes in America and we get tons of investment money coming into the nation to build factories, equipment and hiring resumes full throttle.
6. Watch interest rates. If interest rates look like they are going to start to rise, that is indicating that the economy at least is trying to shake it’s tail feathers and trying to get itself going with investment money. It may be a false start as some pundits think but there will be some hiring-there is hiring going on now if you have the skill sets that companies are looking for.
7. Take the time to learn new skills or go back to school and start studying things that you want to do and that will bring you joy as well as an income.
8. Keep expectations realistic for now.
If you guys and gals can think of anything else, drop me an email or post and I can add to the list.
April 17 2009
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Don’t Go Crazy While Unemployed