When you have to hold on.

I lis­te­ned to this while wri­ting this post, try it while you read :o)

We are cur­rent­ly going through an unpre­ce­den­ted per­iod, the best advice I can give us is: Let’s hold on.

It’s easier said than done, isn’t it? It may chal­lenge some of the concepts we had for­got­ten. Main­tai­ning cash flow, for example. Having access to an emer­gen­cy fund, for emer­gen­cies, is an extra­or­di­na­ry invest­ment. It’s a bit like a reverse invest­ment where the funds, which must be acces­sible on-demand and without limi­ta­tion, will prevent us from having to bor­row in the worst-case sce­na­rio. Of course, we can count on our good govern­ment to come to our rescue, but why not be a lit­tle more independent?

Ano­ther aspect that we will put for­ward is to have a contin­gen­cy plan. A real contin­gen­cy plan. For example, no mat­ter which orga­ni­sa­tion you work for, ima­gine that the main source of income can no lon­ger be gene­ra­ted. Many would say that is unthin­kable, but ima­gine all those res­tau­rants that have had to close. All those public places that have had to close their doors. All those pro­jects that had to stop their agree­ment with seve­ral orga­ni­sa­tions that depend on them.

Having a plan and an emer­gen­cy fund makes people laugh when eve­ry­thing has been going well for decades, but who wouldn’t want to use it in these more fru­gal times?


I’m Dan­ny (aka Coa­ch­Dan­ny). I have a pas­sion: humans. Come with me and take this minute eve­ry day to explore what’s going on today and why is it tren­ding. Click here to get your dai­ly thought right on time for break­fast.

Sources: https://solomotivation.com

Trans­la­tion by Abbie Sims: https://www.linkedin.com/in/acsims/

Last Upda­ted on June 11, 2020 by Coach Dan­ny

Coach Danny

See in me a trustworthy person who will not disappoint you. Although, like you, I have to work to make a living, your well being is my main interest and together we will find goals to make you feel fulfilled and proud of you. It has nothing to do with your bank account, your physical appearance or your material assets. Let’s be clear, we are working on fundamental levers for every human, whether you are a homeless person or part of royalty, you have these same levers. I’m Danny (aka CoachDanny). The people I work with are few, but they all have one thing in common. They share a common goal, self-fulfillment and more.

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