Remember the old story about the ant and the grasshopper? Basically, the ants store up for winter and the grasshopper doesn’t- guess who makes it to the next spring..
Ok- it’s really important to be the ant now!
I don’t know exactly when it starts but the next recession will be very unforgiving. It will also create new opportunities so it’s not all doom and gloom. But the difference between extreme economic suffering and adjusting to new dynamic and new opps might just be dictated by whether you prepared for a winter like the ant or you were the grasshopper.
I’ll be writing more about this in sept but the article below just really focused me into this on a beautiful sunny morning. And I’m sitting here worried for people. Especially those that find it so hard to save when they struggle to cobble together living wages in a system that increasingly is blind to the circumstance. And, the earlier the prep the easier the prep, thus the quick sharing of this article.. If you don’t like reading economic stuff, don’t worry - the summary is, it’s getting really hard for people who know what they are doing to know what they are doing. As an old trader and economist - that’s not good. So #save Reduce debt Prepare profile and resume for unexpected job searches Get active in volunteering to extend your network And start to think about other ways u can be that ant.