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Posted On 03.23.09

The economy is bad and millions are affected by it.

If you are not aware of it then, go thank God!

But, like everything else, you are not really "aware" unless and until it affects you directly.

That was what kinda happened to me.

Of course, I have heard it from the time this was all starting and have been reading about it on hundreds of blogs. I have even been keenly following people who flaunted their own start-ups because of the situation - joblessness. It was fascinating and I was even envious of them when they became successful.

Now I'm acutely aware of it, not to mention thinking and even worrying over it often.

No, I haven't lost my job, not yet anyway. But it has affected me.

6 ways recession has changed me (and how I might change that!)

  • My income has reduced: Although it doesn't amount to a big percentage yet, there is no guarantee it will not.
  • Job-security is a sham: No longer do I take my job for granted. I'm actually thankful for having an office to go to.
  • Freelancing is okay: I cannot limit myself and or my opportunities anymore. If I have to, I'll go freelance like so many bloggers I follow.
  • Job-hopping is okay too: Likewise, if I get the opportunity job-hopping or even industry-hopping [if there is such a word :)] is okay. I may even have to be ready to shift and or change branch or departments, too. At the end of the day, one has to eat!
  • Blogging may be an alternative: It has really got me thinking maybe I should be taking my blogs more seriously. Maybe I should try and earn from my blogging actitivies. After all, its fun and even very satisfying at times.
  • Do something outrageous like Twitter should hire me!: Now this is where I could use all the skills that I have acquired on the job, off the job (blogging) and which would be totally fun and rewarding!

Are you affected by recession yet?

Share and Enjoy:

Comments

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March 23, 2009 9:21 am

@Carey: Freelancing is a great idea. I think a lot of people are afraid to make commitments to full-timers so the realm of contract work is open for people who are willing to suffer a little bit of instability.

As for blogging as a source of income ... sounds fun, but I only know a handful of people who have made it work. You have to be willing to sacrifice a lot, sort of like an artist does. And you also have to take into account that once you decide to make it your job, you HAVE to blog. For me, I'd rather keep writing as a passion than a source of revenue.

Thanks for sharing your recession woes. As for me, here's one I discovered today ...

I have unpaid parking tickets and typically Madison doesn't harrass me about them. But now they're cracking down, looking for money, and I'm getting a whole heap of notices in the mail to pay them :) ... Oh well, guess I better pony up and pay my dues ...

Carey
March 23, 2009 9:31 am

@ Ryan, thanks Ryan for sharing your thoughts. I think freelancing and blogging should go hand in hand. The blog showcasing your work and therefore your expertise and a place where work can find you!

March 23, 2009 9:49 am

@Carey: Absolutely! You're spot on.

What I wass referring to was monetizing your blog. Or making blogging your sole source of revenue. It has its downsides.

March 23, 2009 9:54 am

It's important to step outside the box - you'll never know if something works until you try it. Earning money through blogging is a tough gig - but a blog can certainly build your network, establish credibility, and supplement an online (freelance) business. That's where I see myself heading. I love to write, I love to inspire thought and discussion, but I want to be able to tie that in with future business ventures.

I think, right now, we should all be thankful we have jobs - but at the same time, don't let that limit your drive toward pursing passions and the things you really want to do. I could learn a little from my own advice on this.

March 23, 2009 10:01 am

How has THIS recession changed me? Not very much at all, since I went through the recessions of the 70s, 80s, and 90s and have come out of them in pretty decent shape.

How did I do so? Here's my observations:

1) Cut expenses to the bone. Don't spend money you don't have, and don't spend on luxurious things more than very occasionally.

2) Go for value. Make each dollar stretch as far as possible

3) Make use of every local, state and federal resource you qualify for.

4) Use your current occupation, experience and skills as a bridge to a new field or industry.

5) Be prepared to move where the jobs you want are.

6) If you take a "survival" job, learn all you can and keep looking. No one said you had to be there forever.

7) Put as much as you can comfortably spare into savings.

8) If you want to start your own business, get a local business license, and run, not walk to http://sba.gov

9) Stay fairly conventional. With the current economic uncertainty, many companies are wary of anything or anyone they would consider "too outrageous", or "too radical." For the most part, risk got them into this recession, and most will see the unconventional as high-risk.

Carey
March 23, 2009 10:30 am

It has certianly changed me. I got to break the barriers that limit my possibilities. I've got to try and see beyond what is possible, even. The key is to try and strive for something that once you've never even considered a possibility!

KateNonymous
March 23, 2009 1:38 pm

@Carey, it's great to see that you're keeping your options open. Nothing is guaranteed, but you give yourself better odds if you work to maximize your income and minimize your expenses. Those are good habits in any economy.

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