6 Ways to Maintaining a Sound Mind Frame during Economic Hardship
The economy is continually on a decline, or so it seems. One might want to be optimistic and wait patiently for the – now becoming clichéd – better days. But the economic figures and indexes often show that those days are far out of sight. Should you lose hope then and wallow in hopelessness? The answer is a definite NO. The saying goes that ‘when the going gets tough, the tough get going.’ That should be the attitude to hold since in the truest fact of the matter, you did not create the economy. Neither do you have a superpower to pull a trigger and cause a big change in the economic trend – except you are Aliko Dangote.
So, what can you do in a time of almost endless economic hardship? Highlighted here are some things you can.
- Be Open to Opportunities
It is often said that investing is better done when the economy is down or more specifically when the markets are at their lowest ends. This is a bit paradoxical because it is the time when most people focus more on the woes of the situation and linger on misery and thus miss opportunities. It is crucial to be open to finding opportunities during recession periods such that when there’s recovery, you’ll ride with it.
- Strategize For Recovery
Recession period is a very good time for planning and strategizing for the revivification that usually – in most cases – follow. During this period, you will do well in making arrangements, asking questions, exploring and fishing out prospects so that the ‘better days’ don’t happen on you unprepared. Engaging in this keeps your mind quick and active.
- Take The Proactive Approach
Start selling something. Remember the prices of things are high so, don’t just buy and put out the cash. Sell too and bring in some money. Open an online store. Rent a small space. Bake. Teach. Consult. Just offer a service. Do something.
- Fellowship
Yes. Religious gatherings are therapeutic. They have a way of solacing your mind and body. Do you go to church or mosque or any religious fellowship? It’s about time you did more of that. It is said that people who participate more in religious programs are happier.
- Exercise and Recreate
The need for exercise and recreation is obvious and vital but often ignored. People hardly have time for these important activities – or so they claim. Exercise and recreation free your mind and refreshes your body. They help to burn negative energies. They make you worry less about the economic situation you don’t have any solutions to. Create some time to do more of these. And mind you, recreation is more than knocking down a few bottles of beer.
- Read
One of my quotes goes like this: ‘You don’t want to be at the verge of death and found that you’ve not read enough books. Reading is fun. But so many people don’t read. Pity. Reading a book in the corner of your room or on a bus in traffic is rather beautiful. This is how you learn and get inspired. Eases you off the stress of economic decline and braces you up for the challenge.
Hopefully, these tips will help you keep a sound mental frame in this time of economic downturn.
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