Economic Cycles, And You - Hawaii News Now - KGMB and KHNL

May 5, 2008

Economic Cycles, And You

Whew... that was close. Aloha's cargo division got back up off the ground late last week, and many people- employees, customers, and consumers, all breathed a collective sigh of relief. We don't need any more things closing down or breaking down as we all try to weather the current economic slowdown, if not an outright recession. Home sales fell last month, car sales are down, we've lost a couple of airlines and prices are rising on those flights we can get on... the list goes on and on. And by the way, this whole oil pricing thing- you realize it also affects package goods and other necessities we purchase, not just the gas we put into the car.

It kind of makes you wish you could jump forward into the future and look back on this one in hindsight, as people surely survived the last downturn and the one before that. Economic cycles are just that, and, while tough to wade through, you just have to make some personal choices and smart decisions to ensure that you can get through it relatively unscathed living in a place which is a bit more expensive than just about anywhere else.

Since we all need to make free time and down time, maybe now is a very appropriate time to reconnect with family and friends and look to do some of the simple, yet important  things- pot luck, beach day, rent a movie, watch a sporting event. The old, but prophetic saying "don't worry about things over which you have no control" is a bit trite, but maybe it will give you some piece of mind until this ill-economic wind blows by. Think about it...

Powered by Frankly