September 5, 2025
Day 1,435 of the Adventure
Yesterday I took a dive into the subject of
cutting costs. Unfortunately, many find themselves on the brink of collapse without having spent time becoming prepared for the hard times in advance. Some of it may be related to not getting prepped up ahead of time. Part of it may have been not seeing the signs of it coming quickly enough to get ready. Recognizing the signs of economic hardship are easier, the bigger they are. Among the biggest, would be governments deciding to start printing and spending money like there's no tomorrow. Which is nearly what a decision like that would lead to........ No tomorrow. Without pointing fingers at political partys, this disaster we are in right now began during the covid event a few years ago. the combination of forcing business closures, spending hundreds of billions to keep the economy artificially afloat lead to inflation, which lead to high interest coupled together with other geo-political factors was our sign. Economic disaster was inevitable. As frustrating as I expected all of it to be, I felt it was coming at us like a freight train and nothing would be able to stop it. As it turned out, it affected my businesses, which in turn, affected me..... and still does today. I have experienced roughly a 50% reduction in income over the last four years. Virtually all of that due to interest rates doubling and fuel prices reducing the flow of customers at our lodging businesses. Mostly its the interest rates. Nevertheless, it was easy to see coming and knowing it would eventually arrive, we began to take measures to prep for and guard against it. We reduced the inventory of marginally profitable business ventures. Banked up cash ahead of time and mostly just entered into a more self-reliant mode of life personally. It hasn't been easy but it's been survivable. What are the signs I'm looking at now? I believe that it's still going to get worse before it gets better. The hole we dug, as a nation, is deeper yhan it's ever been and is going to take a monumental effort to correct. The problem I see right now is that there seems to be very little will to make strong enough corrections. I do not see either of the major political party's possessing the will to make the necessary changes required to begin pulling us out of the fire. What does that mean (if you share that belief) It really is going to come down to what we do as individuals to counter the mess by planning and implementing our plans in a worse-case scenario environment. (More on the Planning part of this tomorrow)
Adventure Quote: “When I have the courage to trust and follow the signs I receive, I am far happier than when I am hiding from or denying them.” ― Laurie E. Smith
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