A few days ago, I read an article with a headline that said a majority of Americans believe we wil still feel the effects of this recession in five years. Yes, I agree.
I've been thinking about the ways in which I, personally, have been affected. One: ATA Airlines went bankrupt owing my small buisness about $10,000. I don't know about you, but losing that amount of revenue put a "crimp" in my financial situation in 2008. That fee would have helped fund a vacation to South Africa my husband and I had planned for January 2009, my annual SEP contribution, and some "just plain" fun projects. Now, admittedly, the $10,000 wouldn't have been enough by itself, but the loss of the $10,000 meant I had to shuffle other funds around. It meant we didn't go to South Africa this year.
Other ways I've felt the recession impact: I believe most people are kinder and more understanding of those who are unemployed or underemployed. I believe most of us think "There but for the grace of god, the universe, etc...go I...."
I personally remind myself to be grateful for the important things in life including friends, family, ability to move about freely, ability to express my opinion without fear of retribution, joy in the sunshine, joy in the moment.
Somehow, I am not filled with "fear" for the future. There have been some tough times and scary times that I have managed to get through. So I continue to have confidence that I will get through these tough times in a satisfactory way.
I think the recession reminds me to choose love not fear as a way to live.

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