KEEP CALM AND CARRY ON

This is the time to take back control of your finances and shape your life where you can

- DAVID CHEDGY

This month’s article is all about managing ‘change’. And boy, have things changed for us over the last month or two! It’s certainly given our lives before Covid-19 a sense of perspective. How many ‘old world’ problems now seem stressful or even problems at all?

If you didn’t previously really understand the expression ‘living in the present’ you sure do now.

I think we’ve all been aware over the last few years that the world has problems. The three most obvious ones being:

Global environment issues

Re-distribution of wealth needed

Overpopulation

Now I’m not in any way a religious person, but the coronavirus seems to inadvertently be re-balancing all three in a none too subtle way. As I said, I’m very much an atheist, but it does make you think …

Alongside the obvious human cost of this horrible disease, the lockdown is also having a huge financial impact on us all.

Over the last month, Covid-19 has certainly made me question a lot of principles behind The Escape Plan’s (TEP) way of living, but it’s also vindicated and confirmed many of my beliefs.

TEP is very much about putting a plan in place to take back control and shape your life where you can, whilst knowing that there are some things you just can’t prepare for.

To a certain extent, coronavirus is one of these. Many businesses and individuals have had their lives and livelihoods turned upside down or destroyed. Indeed, after 25 years of managing money and risk, I thought I had most things covered but I have still taken a big financial hit.