I think you are utterly correct. We haven't felt the financial impact yet, only the winds of change. Well except for the directly unemployed-they can feel it.
I expect ripples. Recovery and slide back. The transportation/tourism industry has a huge hole to dig out of. Housing could be ugly. Small business will fail at a larger rate, but how much larger? If people don't have the disposable income as they did previously what does that do to manufacturing?
So good on you. A needs over want mentality is going to pay dividends in the near and mid future.
You will note that I haven't said a peep about my Tortoise nest. Not a single hatch. Tortoise is a tough life...
Yep, so many industries and business segments will be affected it's almost too big a beast to see it all and how it may unfold. I think we're on the right path, time will tell. We're heading towards that debt free scenario I mentioned in another post, but that could be 12 months away...Until then we tighten belts and do what we do to squirrel a little money away.
No tortises huh? Nature is harsh.
Debt free is enormous. I hit a really bad patch a few years ago and I even had to 'defer' property taxes. I had to pay a penalty, but the roof over my head was not in danger of going away. Enormous.
I always knew that this could be the outcome for the Tortoise nest. She was really big, probably makes her over 100 years old and could be her clock still ticks but the biology has over come her. I did discover another nest that I'll keep track of for a while... I was off trail looking for Sam and there it was. Only my second.
Agreed man, I am so focused on debt free and kind of hope we can make it happen within 12 months. It's possible and I reckon with some hard work Faith and I can do it. We have her mum to care for first though. Going to be a bumpy road.
Tom the tortoise whisperer. Has a ring to it.
We thank the heavens that we are debt free for a long time now and I know that it's not easy, but so worth it, as the economic disaster resulting from the covid dilemma has already seen more that 1000 suicides here.
But even if we end up with nothing, suicide is never an option!
Yep, I think there's been a few here too...Not our style of course.
Great and I know that you guys will keep things going mate.
Blessings!