Over six months have passed since Covid-19 reached the shores of the United States.
Thanks to frugality, I haven’t had to worry about it much.
I spend my days at home. I’ve no need to chase money at a public job; my savings combined with my royalties and investments have provided more than enough to live comfortably.
This would not be the case if I had allowed my expenses to keep pace with my income; by keeping my expenses as low as possible during the rich times I was easily able to save enough to live on even now.
The economy will become even worse as time moves on. While I no longer bother to keep a close eye on it, that much is obvious.
If you have not adjusted your expenditures downward, if you have not began to reduce your spending, I urge you to do so. Once the spiral starts, everyone will be affected.
I warn you now through the looking glass of experience: I have lived through challenging economic times in the past. Those who try to continue living as if money will always be plentiful tend to be the hardest hit when their incomes dry up.
I won’t bore you with a step by step tutorial; I’ve written several books on the subject should you realize the truth of my words.
As for me, I am taking this time to focus upon something other than the death and misery and terror around me. I’ve ceased using social media and rarely bother to even check the news.
My friends know to tell me if something important happens.
Have you began to reduce your expenses? Please share your stories in the comments below.