Sunday, November 16, 2008

Financial Peace

The present economic turmoil has had a sobering effect on a section of our society. Rachel is a young woman who has great expectations for herself. She graduated recently and soon after, she purchased a house. The house cost more than $ 100,000. Since she did not have the money, she borrowed from her bank. Unfortunately for her, that house will be auctioned off before the end of this year. “Two years ago, my thoughts were for the future. Today, I wonder what will happen to me,” Rachel told me. I cannot help but worry about that young woman. “My dream is to get to a brighter day,” she continued. I have heard those sentiments echoed often in the recent past. One friend told me, “I will be glad when this mess is over. I cannot wait for next year.” My friend Joseph was referring to the uncertainty brought on by a shaky economy.
I do not know that a new year will herald the glad tidings for Joe. There are many others who are also hoping for a break. However, according to CNN financial news Website, the problems are far from resolved. There are numerous headings that indicate a long road to financial health. Retailers are losing business, mortgages are faltering, jobs are being cut and at the same time debts are mounting. While many have cut back on their spending habits, none can freeze all expenditure.
The American dream for those who are losing to the economic crisis is peace. All they seem to want is a time to breath free. They are tired of anticipating the worst and holding their breath. They are afraid to hope. Therefore, they have brought their thoughts to wish for some good. Fear has made them careful. They are not going after their wildest dreams right now. It is as if their dreams have to wait for this economic nightmare to conclude, before they can take off again.
I cannot chide them for being watchful right now. I am concerned too. However, I am not ready to shelve my cherished dreams. I will hold on to them. I will bind my time and when the tide is right, my dreams will come true. I hope that the opportunity comes sooner than later, for all of us.

Reference:
http://money.cnn.com/news/specials/americas_money/2008/

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