Adversity

Adversity

Alex Hewlett Alex Hewlett

Alex Hewlett

Helping you make sense of business finance

发布日期: 2022年8月8日
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Almost everything we do has a financial impact.?If we want to be more financially competent, one thing we can do is consciously think “What’s the financial impact of this action?”

Sometimes what we’re dealing with is adversity.?I’ve seen three examples of that recently.

My sister’s cats have been to stay.?They like the outdoors, and they’ve been indoors for a week.?How have they dealt with it??In a very cat way.?After trying all the windows every morning, they have slept through the week.

?My brother and I look after my 90 year old mum, and it’s one of the hardest things I’ve ever done.?I have days when I wake up and think “I don’t want to face today, I want to stay in bed.”?But that is not a good reason to stay in bed, and I force myself to get up and wrestle with the day.?I don’t always win, but I always turn up!?I know what the financial impact would be of giving up.

My niece had a holiday job this summer.?Through no fault of her own, it didn’t work out, and she has packed it in.?That will have an impact in her finances for her second year of university, but it was an excellent life decision.?She knows the financial fallout is manageable.

So there are two questions we need to keep asking as managers.?“What’s the financial impact?”?And “What’s the non-financial impact?”?They’re both important.


Find more on my website:?www.attainmenttraining.co.uk. ?Sign up to?my regular newsletter.

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