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Seven Things To Do To Survive The Financial Tsunami

Updated on October 10, 2008

Don't blame yourself, or your boss, or your spouse, or anyone else for the mess you (and we) are in now.

In 1932, in the depths of States' deepest depression, President Roosevelt gave the commencement address at Oglethorpe University: "The country demands bold, persistent experimentation. It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something." It is human nature to shy away from action in times of uncertainty. While observation, planning and preparation can be helpful. These will not work without action. Here's my list of suggested actions to cope with this financial tsunami:

1. Get up 10 minutes earlier. Use the 10 minutes to plan your day so you can make it run smoother and happier. At least, you won't need to feel so stressed trying to beat the traffic to work. Use one of the 10 minutes to quickly count your blessings.

2. Smile to your fellow human beings who might feel the pressure of this economic climate. Positivity spreads, just like frowning would. We need more positive attitude in every street corner, work place, school and home.

3. Press on with your goals previously set before 18 September 08. You set those goals for a good reason. You might well want to amend these goals. Do so if you have to. Otherwise, continue through. That's the greatest service you can do for yourself and those around you.

4. Don't blame yourself, or your boss, or your spouse, or anyone else for the mess you (and we) are in now. You need the energy and mindset to dig a way out. All these people will help you when you try to help each other.

5. Stay away from alcohol and tranquilizers. These will sooth the pain but make things worse as they don't help you to think clearly. Brain and mind power is the silver bullet to kill the were-wolf in this particular dire situation.

6. Watch your family and friends. They are gifts from heaven for you to enjoy and look after. Love, friendship and ability to help others are what we are all after. Success in career and wealth are often substitutes before we achieve the real thing. Go for what’s more important, especially at this very important time.

7. Look at your life, family and work and think of one new thing to do in each of these areas which can improve the situation and start doing it till it’s accomplished. Then decide on the next one and try again.

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    • Benson Yeung profile image
      Author

      Benson Yeung 6 years ago from Hong Kong

      Dear snj,

      thanks for the comment and the visit.

    • profile image

      snj 6 years ago

      bogus

    • Benson Yeung profile image
      Author

      Benson Yeung 8 years ago from Hong Kong

      Dear Rachel,

      thanks for dropping by and commenting. Hope you get well soon.

    • profile image

      Rachel 8 years ago

      I originally intend to drop a thank-you note here for the plantar wart surgery. I just browse discusively until I met this passage. It's good indeed. A very loving one, reminding us of the basic values of life. Thoughtful it is. Thanks for spreading out good deeds and thank you again for the surgery. I'm now resting at home very peacefully....:)

    • Benson Yeung profile image
      Author

      Benson Yeung 8 years ago from Hong Kong

      Dear Amanda,

      thanks for commenting, and for the good advice you give away in your blogs.

    • Amanda Severn profile image

      Amanda Severn 8 years ago from UK

      Excellent advice as ever Benson. Smiles are contagious, and a positive attitude will always take us further than a negative one!

    • Shalini Kagal profile image

      Shalini Kagal 8 years ago from India

      Thank you Benson - and I just noticed that you happen to live in one of my favouritest cities in the world! :)

    • Benson Yeung profile image
      Author

      Benson Yeung 8 years ago from Hong Kong

      Dear Shalini Kagal,

      thanks for dropping by and commenting. Welcome to hubpages. Wish to see more of you around. I notice you've already written quite a few different hubs. Have fun.

    • Shalini Kagal profile image

      Shalini Kagal 8 years ago from India

      Great hub - thanks for the guidelines - makes a lot of sense and so necessary today!

    • Benson Yeung profile image
      Author

      Benson Yeung 8 years ago from Hong Kong

      cgull8m,

      thanks for commenting and dropping by. Let's help each other to make things easier.

    • cgull8m profile image

      cgull8m 8 years ago from North Carolina

      Great tips, I agree instead of blaming others for our failure, we should rather work on it instead of wasting time. Be the same. Cheers.

    • Benson Yeung profile image
      Author

      Benson Yeung 8 years ago from Hong Kong

      Dear Rochelle,

      thanks for dropping by and commenting. I'm a little worried to give advice in the arena of finance. Nonetheless, I think it's always right to point out how we can do our best, even in the worst of times.

    • Rochelle Frank profile image

      Rochelle Frank 8 years ago from California Gold Country

      Wonderful suggestions. At first glance one might think they have noting to do with economics -- but they really do, in a very fundamental way.

    • Benson Yeung profile image
      Author

      Benson Yeung 8 years ago from Hong Kong

      Dear Dottie 1.

      thanks for commenting. My sincere wish that we all sit out the tsunami with confidence in our heart and a smile on our face.

    • Dottie1 profile image

      Dottie1 8 years ago from MA, USA

      Thank you Benson for the financial survival tips and the powerful tsunami photo.

    • Benson Yeung profile image
      Author

      Benson Yeung 8 years ago from Hong Kong

      Dear Answer Man and KCC Big Country,

      thanks for dropping by. I would like to see hubbers spreading positivity that helps everyone keep his cool.

      I was away for a week and hence the delay in responding to your comments.

    • KCC Big Country profile image

      KCC Big Country 8 years ago from Central Texas

      Very well said Benson. It's only through positive thinking that you'll have the clarity you desire to make good decisions. Negativity leads to poor decisions. When in a positive state one only needs to listen to their heart.

    • Answer Man profile image

      Answer Man 8 years ago from Midgewater

      We can all benefit from your advice in these hard times!

    • Benson Yeung profile image
      Author

      Benson Yeung 8 years ago from Hong Kong

      Dear Ipearce, quicksand and Paraglider,

      thanks for dropping by. Let's spread the message of sensible and positive living in this negative epic.

    • Paraglider profile image

      Dave McClure 8 years ago from Kyle, Scotland

      That's very good advice, Benson. Now all I have to do is remember to follow it!

    • quicksand profile image

      quicksand 8 years ago

      I like the idea about spreading positivity! :):):)

    • lpearce profile image

      lpearce 8 years ago from north carolina

      I wish more people thought like that, the world would be different. great hub!!!