One of the most surprising discoveries in financial planning, has been observing how people react to unexpected financial hardship. The unexpectedness of the change is often as hard to come to terms with as the actual hardship.
A change in financial situation often coincides with life transitions. When it becomes apparent that someone must scale down their standard of living, the reactions vary widely.
The media plays a significant role in how you experience your own life. But are you perhaps living a reported experience rather than your own present experience? Perhaps it is time to re-evaluate whose voice and experience you are listening to.
Good fortune is not just money in the bank. It can be much bigger than that and far more rewarding in your daily life. It all depends on your perspective. It was a lesson I re-learned this week.