Can We Truly Blame COVID for Our Financial Problems?

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This may be a hard post to read, but I keep reading headline, tweets, blogposts and Facebook posts about the economy crumbling.





Yes, the stock market isn’t doing great after record highs. But isn’t that the adage, “What goes up must come down?” And then it will go back up again.





I see reports on record high unemployment. I hear people complaining about the government’s controlling grip. But every time I ask my friends and family how they are doing, everyone is surviving.





Unemployment is high, but I also see many places hiring. I have heard from employers that they are opening back up, but their employees don’t want to return because their unemployment checks are larger than their paychecks.





The government released the stimulus checks to lower income individuals to help with their bills and people keep begging for more.





It said in various news articles that less than 30% of Americans are financially stable. That is a sad statistic. And you know what else is sadder. This was the statistic from





November 2019 before the COVID crisis. When unemployment was low. The stock market was high. People were rich…or so they thought.





Here is a very interesting article. You should check it out.





https://www.forbes.com/sites/donnafuscaldo/2019/11/15/most-americans-struggling-financially-despite-the-strong-economy/#77a8935b4b6b





Why are we blaming the government or COVID for our financial demise, when we should be blaming ourselves for not having a savings account?





Because it’s easier to blame someone than take responsibility for our own mess.





It’s more fun to poke fun at others than look inwardly and see the mistakes we each have made.





It’s more opportune to be a bully than whip yourself into shape.





Because fixing our messes takes work and sadly, many of us are lazy. Yes, we are lazy.





So, the next time you start picking out the flaws in other people’s plans for your safety and security, maybe you should reflect on your own plan. Do you have one?





It’s been stated to have at least 3 months of expenses saved up. If you followed this guideline, you would be fine right now. You would be fine.





If you don’t…then you are living above your means and it’s time to slash the non essentials out of your life.





Or you can continue to complain how the world is going down. I guess that is why I see so much negativity right now. Over 70% were struggling before and probably now.





I hope this time will be a lesson for us all. Us all.





Peace

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Published on May 17, 2020 08:57
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