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Have you found a silver lining in all this doom and gloom?

If so, we want to hear how you’re making the most of these tough times


 

It’s hard to see a silver lining in all this economic doom and gloom, but some Canadians are taking advantage of this period of upheaval to make changes in their own lives—for the better. Are you one of them? Have you gone back to school to get ahead? Have you left a job you hated for a volunteering position you love? Are you finding that scaling back to a simpler life has made you happier? Tell us your story (in the comments below).


 
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Have you found a silver lining in all this doom and gloom?

  1. I wonder what 24 hours of absolute silence should tell us about that silver lining.

  2. The silver lining is not what I’ve found, it is what I’ve done. Having lost 30 percent of my net worth but being retired I realize that in living below our means all these years, buying only when we saved for it, rarely spending on things like restaraunt meals including fast food, designer/expensive clothes, etc., we are actually positioned to weather the storm. No debts, no mortgage. As well, my children, for all their complaining about government jobs actually work for the government (Federal and Territorial) and have relatively secure jobs, Partly luck but mostly prudence for all of us. Changes? No! Some people are re-learning what our parents learned in the depression. You can get by on much less than advertisers tell you that you need and still enjoy life. It is not possessions and rash spending for entertainment but people that make life worth living.

  3. Well, when i lost my job in October, i decided to pursue another career, that is teaching English overseas. I consider it somewhat of a blessing, even more then a silver lining, if you will. I think the silver lining will prove to be that people were forced to adapt and become relevant again. Obviously this can’t be the case for everyone to just pick up and move on, but the idea being there is demand for something these days, you just have to find out how you can make yourself able to be in demand once again.

  4. As a senior I have reverted back to the 50s. Live within your means. Spend only for basics in the next 1-2 years. Save. A dollar saved is a dollar earned. Trade -barter for goods and services. Don’t get sucked into a buy-buy-buy mentality, even if others accuse you of not doing your share in the economic recovery. They are only protecting their bacon. Untill the economists and powers that be admit that the consumer is the king in the country, and put real dollars in their pockets tell them to take a hike. No real dollars no spending. Cut tax rate. Not like the conservatives who threw Canadians a bone with their meager $1000 to seniors and personal deduction up by pennies. Up the personal deduction to $15,000 per person including children. Otherwise the money goes under the matteress like in the 50s when we did not trust banks.

  5. Actually, stock market crashes and bank closures are just kind of background noise if you have no savings to begin with. I listen to those who’ve lost 40% of their nest egg, look them in the eye, and say “Really? My savings are worth the same as they were last year. Haven’t lost a cent!”

  6. Hi!
    I have been writing but,forgot to put my e-mail address in. I was telling the people out there that have been with jobs for yrs.that there is hope out there if you just reach out and try. I went back to school after raising kids and was alot older than most but,still did it. I loved the way I did it as I went to ICS the school that supplies everything I needed-computer,books,even down to the self-stamped envelopes that were to send in my tests to be scored. Now they have monthly plans to pay but, I chose to pay all at once. I went from one salary to another which was a $9.00 an hr.increase. This was a big choice for me as I thought that I was too old but, that was not the case. I know that you’ve heard all this before but, I did it while I was still working as a waitress so that I could make more. I have faith that if you have confidence in yourself you could be whatever you want it to be. Sometimes hope becomes the recognization of gaining confidence for upgrading our lives to a better and fuller life for the future. I am not saying that this is the answer for everyone but,what is the harm in trying? I have faith in you. Be confident and it will show in your outcome of a better job and maybe even one that you like. Technology is the future so I decided to try and I’m not saying I’m a rocket scientist but,it did help. Give it a try. Be a better you.

    cordially yours,
    barbara

  7. I have recently decided to put my house up for sale. My two sons now live most of the time with their Dad. I cannot afford to keep a four bedroom, two bathroom, 317 ft river backing backyard. It takes me an hour to cut the grass, on a riding lawn mower!!! I also took a serious look at my fincinical picture and found, I have been living beyond on my means. I keep minimun payments on my credit card. I was encouraged by my brother the banker, to keep at least one credit card and he also suggested calling my credit card company to lower my credit limit. I have decided it isn”t as bad as I first thought, and not opening the mail for a month, doesn’t change the fact I have bills to pay.

    • HELLO ANN BROOKS!
      I HAVE A SMALL SUGESTION FOR YOU IF YOU ARE NOT GOING TO TAKE OFFENCE FOR ME ANSWERING YOUR POSTED SITUATION. WHY NOT TAKE IN A STUDENT FOR THE RENT AND PART OF THE RENTAL AGREEMENT FOR SOME OF THE UPKEEP OF THE YARD AND SMALL DUTIES THAT YOU NEED HELP WITH. THIS WILL HELP RESOLVE SLOWLY BUT, WITH MUCH LESS WORK ON YOUR PART FINANCIALLY AND WITH THE PHYSICAL LABOR FOR THE UP KEEP OF THE GRASS AND SMALL CHORES TO GIVE YOU A CHANCE TO BREATH.

      CORDIALLY YOURS,BARB

  8. Bert, I agree with you, your receipe has brought me more satifaction than I ever dream of. This is the way to go and weather the many storms ahead. I am still creaping ahead and shaping my retirement goals and your approach to this mentality is what is working for me. And of course I still bend down and pick up that penny on the sidewalk

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