Why You Shouldn't Care At All About The Eurozone Crisis

January 13, 2012
Estimated reading time:
2 minutes

If you're an individual or a small business, you don't need to worry about the Eurozone crisis. You don't need to think about the ongoing recession. It should be the last thing on your mind.

Why? Is this not the worst recession since the Great Depression? Could this not be The End of the Eurozone?

Yeah, maybe. But ask yourself this:

Can you do anything to change it?

You can't set fiscal and monetary policy. You can't force Greece or Portugal (or the US) to cut spending. You can't force companies to invest more.

So stop worrying about it. It's out of your control.

What should you worry about? I'm glad you asked.

Individuals: get your finances in order. Stop overspending. Look at earning more money through a second job or freelancing if you need to. Start eating healthily and exercising regularly. Take time every day to be grateful for the good things in your life. Think how you can do your job better: make a list of ideas and pick the best two, and start doing that.

Businesses: stay focused on your customer. Always think what they would want you to do. Even in this economy there are opportunities - Groupon is the fastest-growing company in history by revenues, and was formed in November 2008. There is money to be made, and people will fall over themselves to give you their money, if you can give them what they want or need.

In other words, focus on things you can control. Forget about things you can't.

Related posts

Did you like this?

I write a weekly email newsletter called Human Capital, where I share all the interesting things I’ve written or found in the last 7 days. I aim to make you healthier, wealthier, wiser, and smarter than when you woke up in the morning.

Sign up below and you’ll get the very next one. No spam, ever, I promise.