When everyone is losing their home all across America, then you losing yours gets lost in the numbers. When millions are unemployed across the nation, the personal stigma of it is diluted a bit. If your credit score has been beaten into the ground, well there is no where to go but up from there...
YOU KNOW WHAT TO DO
Starting again or over should be easier for one very important reason. You now know what to do and what not to do. There is value in experience. Once you get past the pain of shock and resentment, the ability to go out and do anything again is very doable and realistic. YOU KNOW THIS
THINGS ARE RESETTING
We are seeing things reset in Real Estate, debt load and the purchase of luxury items. Real Estate is now returning to its tried and true mode of being a home first where one lays the head after a day out there instead of a bet placed to make more money.
CHAPTER 7 11 OR 13 CAN HELP
Bankruptcy courts are giving people a fresh start so that they can focus their energies and get back to some sort of normalcy and beginning.
DO I REALLY NEED THIS
Luxury items are interesting thing. If all is going well with you, perhaps this is your reward or toy to help balance out your life. However, it is far from being mandatory and that market will suffer considerably until the economy gets some extra oomph in it. Jewelry, fur coats, jet skis and RV's ...well they can wait some
10 CENTS OR TEN MILLION
We tend to forget that everything is on loan. It is temporal and temporary and just for use while here. Getting too-attached to anything is not a good way to go. Everyone dies poor materially. Keep this in mind when you are being tempted to succeed at all costs...do things for the right reasons
EVERYONE TAKES A BEATING...EVERYONE
For those of you that are picking up the pieces from a crash or failure of some sort, remember those that have gone before you and those now and after after you too. You are in the company of the greats...your fellow human beings. Have no shame. Stiff upper lip and carry on...And remember to eat plenty of the following:
YOU GOTTA HAVE PLENTY OF THIS
Hope:...the poor mans bread. You gotta have hope...Hope that things will work out. they always do. This thing called "hope" will sustain you until you can add a little meat to it...
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