There are few certainties in life besides life and death, that we often overlook and that there are bound to be GOOD times and there are almost guaranteed that there will be BAD times as well.
The reality is, we induce ourselves to believe that good times will last forever and the bad times will never befall us, it will only happen to the guy next door so we continue to dwell in that fallacy or the false notion that life will always be a bed of roses.
A few of my friends of late have been served with some funny letters from their respective companies, some would be retrenched, some have to cut their work days, some will take pay cut and the cruel reality is these many friends of mine do not have saving that would last them for a few months and they are like ants on a hot tin roof now.
I remember i used to admire one of them, working for a MNC, drawing good salary, driving good car, wife not working, nice apartment, brands conscious and indeed very hippie, i was so surprised when he told me that he had a credit cards debts amounting to 30,000. What aggravates the bad news for him is, he would be having pay cut and reduced working days.
That is one thing i would habitually do at the beginning of every month is, SAVE a portion of my income, then only i will be happy spending what is left of me, i have no credit card debt ( i dont carry one), i dont have to pay for car installment (my is an old car), and i dont owe anybody money.
P/S : I am optimistic and the same time i am pessismistic.