Good morning! I hope your day is off to a great start.
Mom once told me that if I walked through a door and got punched in the face, I might not be so eager to walk through that same door again. And if it happened a few more times, I’d find a different door. Well, knowing me, I’d just open the door and duck. Until I got kicked.
I thought about that the other day as I read about more states opening up and allowing people to get back to work. I think it says a lot for our society that we are so eager to work. And, when you get down to it, we do like working. Okay, we like the paycheck. We’d like it more if it were bigger, but that goes without saying.
I’ve been working the whole time anyway, but that’s more a stroke of luck than genius. I learned long ago that I’m not good at sitting around. In 1984, Dad had a heart attack and I went on emergency leave. My ship sailed while I was home and, through a series of administrative blunders, it took three months to get me back onboard.
By the time I got back, my commander had decided I’d gone AWOL and was trying to process me as a deserter. I’ll never forget stepping off that plane when it landed on the ship, after a lovely 32-hour trip halfway around the world, waiting for the Master at Arms to put me in handcuffs. It didn’t happen, but life was never the same for me on that ship again.
The entire time I was waiting for a ride to the boat, my job was to check in every morning and keep my sea bag packed by the door. After a week, I bought a bottle of bourbon. A week later, I bought another. By the end of a month, I called in at 7:45 every morning and had my first drink at 7:50. It wasn’t pretty. My wife didn’t even cry when I left. Neither did I.
Over the years, I’ve had a few bouts of unemployment. That happens when you’re a contractor. But I learned a few lessons from that experience in my Navy days. First, no drinking. Get a hobby instead. In my second month at home that first time, I took up woodworking. It was pretty rudimentary at first, but over the years I’ve gotten pretty good at it.
Second, you need a plan B. We all like to think we have a secure job and that we’re so good at it nobody would ever think of putting us out to pasture, but that’s just our own ego stroking itself. And even if we are that good, nobody counts on a pandemic almost entirely shutting down the nation. A job isn’t much good if the doors are closed.
Well, we’ve mostly weathered the storm … for now. But already we’re seeing a spike in new cases and medical experts are telling us to buckle up because we’re likely facing a second round this fall that may be even worse than the first one. If summer is truly the miracle we’ve been waiting for, can you wait eight months for it to come around again?
One of the wisest quotes I’ve ever read was this: “Dig the well before you get thirsty.” We live in a nation where more than 60% of us don’t have enough in savings to cover a $1000 emergency. And we know the emergencies will come. They always do. It’s just a matter of when, and how bad it’ll be. And how long it’ll be before the next one comes along.
It’s hard to dig the well when you’re dying of thirst, especially when you don’t know how far down the water is. You get tired. You make mistakes. When the bills are stacking up and there’s no relief in sight, you take chances you wouldn’t normally take. Or, worse yet, you just give up and wait for the inevitable.
If you could put some extra money in the bank today, would that come in handy when things get bad again? What if you could build an ongoing income, even a small one, that’s independent of your current job and could continue through another round of shutdowns? Would that be a game-changer?
I’m willing to bet you’ve been given opportunities to get ahead of the situation. If not, talk to me. I’m happy to offer suggestions. What works for me may or may not work for you, but you never know unless you try. And maybe we can come up with something completely new between us.
If you’re not thirsty today, you will be. Hopefully it won’t be anything like the crisis we’ve seen, but it’ll still happen. The question is, will you be ready? The sooner you start digging that well, the better off you’ll be when the rivers run dry.
That’s all for now. Have an awesome day!
© 2020 Dave Glardon – All rights reservedFollow @dglardon