I turn 65 this year and am watching my business slip into serious trouble. I will need to find cash to keep it alive but can see no way to make a good result No profit and no cash for me. I am definitely becoming dispirited. This is the worst time of my life. All of this since the end of November.
Please. Do what ever you have to do enjoy life and be grateful for blessings you got. OK, that's big talk coming from me as someone who's finally on top of things; but 15 years ago when I got permanently kicked into an early retirement, had to move w/ a wife and 2 kids and build a new home and a new life. It all worked out (tho I didn't know at the time it would), the kids have all prospered and we're all grateful for the adventure.
The fact that things work out is just one reason to be happy. The other is that a negative outlook impairs judgment and I'm remembering it was a time when I needed all the good judgment I could get.
I know a guy who runs a small construction co. He says he is hurting and had to lay off 2 of his 5 guys that work for him. Yet he has a lake house, a nice boat and he tells me his house is paid off.
Don’t get discouraged, and keep your eyes opened, for opportunities and for ways to save money. Our generation was brought up to be resourceful. Stay strong.