From Underearning to Abundance

These days everybody is wondering if the economy has hit bottom?

It all depends on how you look at it.  There are some signs that things are improving and it is hard to imagine anything lower than witnessing one of the biggest companies in the world going bankrupt.  Yes, everything is pointing to GM going into Chapter 11 bankruptcy protection on June 1^st.  I don’t think anybody would have expected this giant to go under if you had asked him or her a year ago, but it is happening.

As the financial world is tumbling down around us the question is how is your financial situation?  Is the fear having better of you?  If a giant like GM is failing what does that say about you?  Not much I say.  They dug their own grave with their decisions.  The only question you have to ask is have you been digging yours?  Where are you with your finances?  What are you doing to help yourself?  There are so many things that we can do to help ourselves.  The first thing is to acknowledge that we do make mistakes.  The quicker we are able to learn from our mistakes the faster we recover.  We are not like GM, we have the ability to adjust fast is much greater.

The economy always improves again, or like my 95-year-old aunts says: “You just hang in there and it comes back.”  She should know having lived through the rollercoaster of the Icelandic economy.  With all the economical ups and downs she has had in her life, including a depression, world war and oil crisis, and personal downs, she is living a life of abundance.

Love and peace,

ElinAnna

Tags: bankrupt, economy, finances, GM, help yourself, hit bottom, learn, Life of abundance, make mistakes, ups and downs

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