Thursday, April 30, 2009

OPPORTUNITY IN A CRISIS

I am a strong believer to the age old idiom "Every dark cloud has a silver lining". The idiom literally means difficult times are like dark clouds that pass overhead and block the sun. When we look more closely at the edges of every cloud we can see the sun shining there like a silver lining.

In times of crisis and hardship, there will always be hidden opportunities if we look hard enough to find them. One good example which definitely applies to us all is the current global economic depression. While we have been taking things for granted by living our lives in material comforts, we will never know how long this trend will last. Thus this economic depression period teaches us to spend wisely and establish the much needed emergency savings fund to prepare for the worse times ahead.

dNeero has posted up a conversation covering the changes in lifestyle that people take to lessen the burden of the economic crisis focusing more towards financial institutions. There are some great ideas from others so do take a look.

No comments: