My Story About My Financial Downturn
“I have learned to be content whatever the circumstances. I know what it is to be in need, I know what it is to have plenty. I have learned the secret of being content in any and every situation, whether well fed or hungry, whether living in plenty or in want.”
– Philippians 4:11-12
With the world economy going sour, most people are affected. Companies want to save their expenses by reducing their staffs. Prices spiraling up affect households who are already experiencing problems with their budgets. Husbands and wives are both forced to work to meet their basic needs.
The Desire To Help Others
But no matter how dire the situation is, the desire to help is always inside of me. I love to help my family and relatives in the Philippines by doing something that might change their lives so I tried to find ways on how I can help them.
As I search for some businesses, I was introduced into Network Marketing. I was convinced that this method of marketing is a great way for small earners to gain access to financial freedom, so I thought this could be a simple way to extend help to my family and relatives. I thought that if I will invest my hard-earned money, they can run a network marketing business, so while the company earns, my investments earn as well.
Invest Only In The Things You Know
I decided to put some money to get started, first for myself then to my family members and relatives. By that time, I was thinking that I can now help and change their lives. I felt like a hero!
Unfortunately, it was not on the positive side of the equation. It was not like what we’ve always see during a presentation of a network marketing genius. It was not like their promise that money will flow like a stream without doing anything.
Because of the desire to earn quicker, I lost my savings faster than money pouring in.
Without knowledge, I followed the pieces of advice of the sponsors—we jumped from company to company, then I discovered their strategy: these sponsors are mostly earning from new investments of members. It was too late when I saw myself fell in a hopeless pit which made me struggle vainly for years. My savings account was emptied and my stock portfolio was cashed out just to cover some of the debts I have incurred. With only my monthly paycheck to rely on, recovery is not imminent for the short term. I failed miserably!
Lesson learned: Because of the desire to earn quicker, I lost my savings faster than money pouring in. I remembered the sayings, “If you desire to help your friend, do so in a way that it will not bring his burdens upon you.”
Money problem brings health problem
Having an emptied bank account, my life was filled with lots of worries and anxieties. I was short tempered that I even get annoyed with little things. I deprived myself from sleeping, trying to find ways on how I can earn extra money. I was so busy that I don’t have time to hit tennis court nor have jogging during the weekends.
My health was greatly affected. Until one day, it surprised me that I need to undergo a surgery for my appendicitis—and that was the turning point of my life.
“Don’t worry about anything; instead, pray about everything; tell God your needs, and don’t forget to thank him for his answers.”
– Philippians 4:6
Being Grateful To What You Have
Despite all my misfortunes, I am grateful that I have my family – giving me hope and inspiration. They were, and will always be the reason for me to go on.
I was grateful that I did not lose my faith to my God—that faith provided me strength to move on and to face the future. I acknowledge that what I am now is the result of my mistakes. Before, I used to blame other people, the government, and other things about my circumstances, but now I know that I am the one responsible in my choices. I deserve what I got. I have to take responsibility of my actions. I have to accept the consequences of my errors and mistakes.
I chose to be back on the right track through the help of God. I have to pickup all the shattered pieces. I have to pick myself up, forgive myself and make those mistakes as a force to move me forward to a better future. I have to change if I want my life to change.
There is one thing I know – I will lose the battle if I quit!