It's not reality until your broke with no job. A guy can't relate until they see it from their own experience. One guy can say it aint so tough here, well he's still working so he will of course not think it's that tough. He's living. Another guy, he's not working. He lost a job and there are few new jobs. And personally I'd say start working for yourself if you have to. But. Just like few new jobs, there is fewer opportunities out there for new business right now. So it's tough. It's tight. Many other recessions born from them many entrepreneurs. I think this one is fundamentally different.Here is something I find. Commercial Customers who you have been loyal to and good to, will stay with you even if their are hungry competitors at their doorsteps, dropping their prices. Those customers have a sense that they do not want any disruptions right now, nothing to rock the boat right now. It's too unstable to go and make some change. People seek the same not change during periods of peril.
I have heard from many older people that this is something of history making going on. And it seems like many of these people feel like it's going to get worse here in MI. Who knows what it really be like in a few years. But there is a few things I will offer. This is what I am doing.
I have busted my mother effin a$$ to get out of debt. Whatever it is you have to do so money you receive is money you keep and use just for whatever. Start saving.
Plan Plan Plan.
If I lost my job here in the near future with the way things are right now, I am done. I will leave Michigan. Because of planning. I have a few options. I have chosen 3 states to move to with contacts at contractors in those areas. I have a savings account just for that move if it ever comes. I have studied the areas and know where I would look to live.
This is serious stuff going on in MI. And it's bad for only those who have lost so far. Not me. Not yet. But I see what people are going through. And it happened to them so quick. They never figured. Two jobs. Nice house. Nice cars. Retirement going. Kids in School. Then BOOM. Losing their lives. And it seems from what I am sort of getting from it. It seems like it's paralyzing some. Some of it is because it's happened so fast. But. When there is little cash, your paralyzed. Plain and simple.
If I was young and in my twenties and pursuing my chosen occupation, trying to build that important experience, I would look elsewhere. It's tough to hear but it's so true.
