Archive for April, 2009

So much of the advice given in the last 49 blogs has been  on what to do in these uncertain times.

What this site does not do is to recommend products, or anything that will make the author and site owner   ( myself) any money or advance my financial gain.

So you say what is the point of spend all these hours writing to strangers?  And in defense I say to you does everything have to have a financial gain ?

I enjoy the challenges in the  understanding of phrases such as ” Don’t be like a sitting duck? ”

What does it mean?

A duck sitting on a duck pond on the first day of duck shooting season has very few options if it wants to stay alive. It is in the wrong place at the wrong time. If it had a brain that allowed it to rationalise and use logic it would be thinking ” What am I doing sitting here?. If I stay I will get blasted out of the water and will end up getting hundreds of little holes through me…..If I fly away I will get about the same number of holes with a long way to fall.”

“Either way I am a dead duck! ” .

The duck can’t escape by diving under the water and staying there as he is not build that way to survive.  So his chance of survival are zero.

So why are not thousands of ducks sitting on ponds on the first day of duck shooting.?

Because the duck has an inbuilt radar system that pre warns of danger. It is called animal instinct.

Sadly most of us humans are not wired up that way. We often see the warning signs but do not heed the warnings. I make a point of pointing out warnings in the books and blog articles I write.

You have the choice whether you heed them or not But if you stay in the water like the duck , on the wrong day you will be financially dead if you have no place to go, because of poor choices and wrong decisions.

The duck was drawn to the pond for a number of reasons…..maybe for food, maybe for company, maybe as a safe place to stay. We are not dissimilar in our needs……but we always have to be mindful of  changes in circumstances….  Maybe the duck shooters with their shotguns being the banks and financial institutions wanting their security in the loans they have given you….or the threat of job closures or Government raising tax levels, or local governments raising your rating levels.

Look very closely at your level of safety right now. What do you own , what do you owe, what cash you have that is accessible, where is that cash now….how save is it?

Do it as a priority ….as soon as you can!!!!  Do it for yourself!!!

We will talk soon.

Lindsay  Walker