What is the conventional advice given during a depression/recession?
Keep your head down, keep a stable job, keep that income coming in, you're better off than all those other poor sods on the street.
What is the conventional advice given during boom times?
Get a new house, a new car, a new TV, consume, consume, consume. Don't worry about debt, since you're always going to make more. Don't like your job? Quit it now and get a better one to your satisfaction.
There is no doubt that the current economic situation is affecting the relative ability for someone to acquire income. However, if you have your current job in your current situation say, two years ago during the boom, would you feel any different? I'd say you would feel less anxious about surviving, yet, you wouldn't be as driven to succeed in your new endeavor simply because at the back of your mind, there's that safety cushion of getting another job.
If you don't have any dependents and no sigificant debt, I think you would be off your rockers to stay where you are.
Keep your head down, keep a stable job, keep that income coming in, you're better off than all those other poor sods on the street.
What is the conventional advice given during boom times?
Get a new house, a new car, a new TV, consume, consume, consume. Don't worry about debt, since you're always going to make more. Don't like your job? Quit it now and get a better one to your satisfaction.
There is no doubt that the current economic situation is affecting the relative ability for someone to acquire income. However, if you have your current job in your current situation say, two years ago during the boom, would you feel any different? I'd say you would feel less anxious about surviving, yet, you wouldn't be as driven to succeed in your new endeavor simply because at the back of your mind, there's that safety cushion of getting another job.
If you don't have any dependents and no sigificant debt, I think you would be off your rockers to stay where you are.