By now you know we are heading into a recession. Everyone is talking about it. I'm being fed the same news, "now is the time to budget", "the Feds jacked up interest rates", "Twitter just laid off 50% of its workforce", "money is expensive", and "creditors are lowering available credit limits". It's the same thing over and over. Like many, I was anxious to make moves constantly fearing the worst-case scenario.
I took a long break from scrolling and vacationed for a bit. I centered around my family and realized I was okay because with every economic meltdown there's always some silver lighting. If you find yourself unemployed, anxious about the economy, or facing financial problems, this article is for you.
I've had my back against the wall many times, anxious about where the rent will come from and how am I going to afford gas and all my other bills. I've seen my financial situation go wrong overnight. Whether it was the pandemic, being laid off, or quitting. Every single time I've had major life inconveniences, I've seemed to bounce back 10 times better. Everyone is different, and we react and execute differently. This is how I choose to respond to the inevitable "recessions" and "life-altering challenges".
It's your mindset. Your intentional mindset is what you choose to believe and what you prioritize. Quitting a job is an intentional action, logically the reason behind quitting should exceed the risk. Let's assume you have no leverage and you quit. Now what? Well, you better find some money right! Yes, you want to be proactive in finding some cash. But I advise you to take a step back and look at the opportunity in front of you. The opportunity of reframing your mindset.
Miguel, what does this have to do with your mindset?
Glad you ask. Everything!!! When I realized that I had my time back, I told myself "that is my leverage".
I minimized the focus on stress and looked at all the things I could control to get back on track. I allocated my energy and thoughts to learning new skills, starting a business, and learning new hobbies. Be proactive with your approach, and tell yourself that "with this time and my previous experience, I will be able to enhance my ability and portfolio."
Things will go bad, just like how they'll always revert back to good! Your mindset is stronger than the word "recession" or the job title you currently hold. Associate your worth to your relationship with yourself, and with others. Remember "time" is the most valuable thing you can have so use this valuable asset to your benefit.