.
Crisis or Opportunity? - The Dollar Stretcher
Welcome to Dollar Stretcher Community Sign in | Join | Help
in Search

The Dollar Stretcher

The Dollar Stretcher blog will explore people and money.

Crisis or Opportunity?

I heard an interesting thought the other day. It was that crisis reminds of us of what's important. For instance, when we're young and healthy we don't give much thought to tomorrow. But, when you're stuck in a hospital bed contemplating life and death, it's only natural that you try to focus your thoughts on what's really important. That's not the time to be thinking of trival stuff. 

The same is true of our finances. When times are good we add all kinds of discretionary expenses. After all, we have the money. No reason that we shouldn't enjoy a little luxury. And is cableTV really a luxury?

But, when times are tough it's only natural to separate the things that you really need (i.e. shelter, food, immediate medical care, maybe transportation) from the things that simply aren't that important (i.e. entertainment, a fancier car, stylish clothing, etc).

And, that's a good thing. It's important for us to know which things have a high value to us. Otherwise we'll forget their value and just treat them as being unimportant. I

I need to be reminded that my family is more important than my stuff. That time with them is more important than television. That having a home is more important than what toys are in the garage or driveway.

So in a way I could say that hard times can be a blessing. If I let myself, I won't be distracted by the things that I dont' have. But, rather I'll place renewed importance on the things that I do have.

Keep on Stretching those Dollars!

Gary 

 

Published Dec 15 2008, 02:53 PM by Gary
Filed under: ,

Comments

 

Ebay 4 You » Blog Archive » Crisis or Opportunity? - The Dollar Stretcher said:

Pingback from  Ebay 4 You  » Blog Archive   » Crisis or Opportunity? - The Dollar Stretcher

December 24, 2008 1:43 PM

Leave a Comment:

You must be logged in to leave a comment. Log in here.

If you do not have a log in, please register here. It's easy and quick. All that is required is your email address and a sign-in name and password that you create. Your email address is kept private.

About Gary

For more than 25 years, Gary Foreman has worked to manage money effectively. Prior to starting The Dollar Stretcher, he was a financial planner and purchasing manager. While helping clients manage their hard earned money as a financial planner, he applied commonsense, time-tested techniques during the turbulent 1980’s. The experience convinced him that you didn’t need to hit the lottery to accumulate significant wealth. Following that, Gary had an opportunity to learn more about how to get the best value for a dollar spent in the corporate world. As the Purchasing Manager for a computer manufacturer, he was responsible for supervising over $10 million in annual purchases. Gary began The Dollar Stretcher website <www.TheDollarStretcher.com> and newsletters in April 1996. Over 300,000 readers benefit from the time and money saving ideas presented in The Dollar Stretcher newsletters each week. His mission is to help people "Live Better for Less". He also provides private label newsletters for companies wishing to provide money saving information for their clients and/or prospects. Gary lives in Florida along with his wife of thirty years and their two children. Much of his time is spent working with the men's ministry of his church. One of their ongoing projects is the "Holy Smoke BBQ" which sells bbq on Friday nights with the profits going to support local foster kids and orphans. When he has a free moment you’ll find him restoring a Checker station wagon nicknamed “Two Ton” or cruising in a '65 Impala SS Convertible with doo-wops playing in the background.

The Dollar Stretcher Poll this week

How much are you willing to spend on a pair of new shoes? Tell us what you think here.

This Blog

Syndication


News

Gary is a former financial planner and purchasing manager who edits The Dollar Stretcher website <www.stretcher.com> and newsletters. You can follow Gary on Twitter.com/gary_foreman
About Us    Privacy Policy    Writers' Guidelines     Sponsorship     Media    Contact Us



Powered by Community Server (Commercial Edition), by Telligent Systems