Updated: Jul 1
Anxiety dream #4,736 ... and it's a math story problem, of course.
If health + safety + job insecurity are in your coffee cup, and the train to Boston takes 3 hours, and there's a full moon next Tuesday, how many hours
of sleep did you lose last night?
(p.s. in my dream I never remember to toss out the train and full moon - even though story problems always have stuff you're supposed to toss.)
What I need to keep reminding myself, however, is that I really DO have control over all of the variables, even if the answer sometimes makes me cranky from a lack of sleep.
I CAN stay healthy. I CAN stay safe.
I KNOW exactly how to shore up my long-term and retirement finances.
How can I be so certain?
I created a Plan B during the last recession, and it is still in place ... and still recession-proof. It gave me a steady residual income I could count on. STILL DOES. It helped me recoup my 2010 401k losses (50%, I might add). WILL AGAIN in 2020.
Before the last recession I never thought about a Plan B. Things were good! Life was grand! I'll be retiring at about age 60 and have brand new chapter in my life to enjoy! I'll have PLENTY of money!
WHAM. 2008 - 2012 happened.
Looking back now, it was too good, and we were too complacent. Chicken Little was flapping her pretty yellow wings and none of us were listening.
Knowing what I know today, and where we are with a pandemic-driven economic SHIFT, I want to shout this from the roof tops:
A PLAN B can make a BIG DIFFERENCE!
If you want to ask me about mine, I'll share everything I learned along the way; the good and the hard.
Mostly, I want to help you understand why you SHOULD have your own Plan B in place right now and for the rest of your life. Oh, and while you and I are building it, let's make sure you can pass it along to the next generation so that they'll have their own residual income generator in place, too.
Story problems still give me anxiety dreams. But my Plan B lets me sleep better.