Personal Business and Finance

The financial crisis of 2008-2009 has taken its toll on millions of Americans. Lost jobs, ruined credit score, and the loss of homes, makes this one of the worst financial crisis since the Great Depression. It took years for the country to withdraw from the depression? How can we recover?

1. Learning from our mistakes. The first thing to do when we do find at the bottom to find out how we got there, and what can we do to keep from happening again. If we don’t learn from our mistakes, we are destined to repeat. Again and again.

2. Stay out of debt. Debt is not your friend. Debt is a huge ball and chain hanging around your neck, pull you down deeper and deeper into poverty.”The debtor is servant to the lender,”the Bible says. And it’s true.

3. Working on cash. If you don’t have, don’t spend. Our focus should never be on our “credit score“. It should be on our”cash save “.

4. Away from the Credit Cards. Cut’em up. That is a foolish way to operate. Wait til you have the money, then your purchases. The character you learn from this lifestyle is priceless.

5. Live Cheap. You don’t have to have the newest, the prettiest, the biggest. You’d be surprised what you can do without. This crazy American idea of”keeping the Joneses”is ruining our country.

6.”He who dies with the most toys wins,”is a flawed philosophy. Don’t live that way. Pleasure, passions, things can be fun and games, but they can also steal your heart away from the best things in life … such as your family, your God, and your country.

7. Appreciate every little blessing from God on your life. Give Him thanks for what he gives you. Ingratitude is a thief, dirty sin. It makes us want more and more, if God has given us so much.

Don’t let the current financial crisis aside. Instead use it as a springboard to a prosperous and successful new year. Remember, Microsoft started in a recession.

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