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ยป The recovering Aussie Economy starts at 5am

Date published: 02/06/2011

The recovering Aussie Economy starts at 5am

The recovering Australian economy is a lot like a man who is learning how to walk again after surgery. It takes a few sporadic steps, groans, stops for a bit, takes a breath and then takes another one or two jerky steps forward. 

It may seem to teeter on one leg for a second and look like it will fall, or for a moment, threaten to spin right around on its one good limb and may even wind up facing in a different direction! Slowly but surely, with determination, it is walking with strength and confidence back on its path.

Most mornings I am up at 5am to get down to the beach to watch the sun rise for an hour before starting my day; other days I am up at dawn to go to a networking breakfast or business seminar. I have noticed that there are a few more subcontractors - tradies - out and about in their utes lately than there was a few months ago.

It is inspiring to watch the sunrise, knowing that there will be a great day ahead, as the life-giving golden rays send strong and powerful energy to all life on earth. Seeing the tradies in their utes in growing numbers can also give one a similar feeling about the warming up of the local economy!

Many people will know that construction tends to be an early indicator of the Australian economy. Whether it be the building of new homes, small bathroom renovations, kitchen makeovers or adding an extension: the tradies can be seen as the adrenalin that starts the heartbeat that pumps the finances around the Aussie economic system.

During the so-called economic crisis most employees did not see their pay packet shrinking: they were paid the same amount that they were a year or two ago. It was mainly the small businesses who were affected, including our tradies. Ask a school teacher or government worker what they were making in 2007 compared to now, and then check with your local builder, plumber or carpenter.

Like bees around a hive, when you see the tradies out on the roads again, you know that they are likely to be cooking up something sweet for us all! When the tradies are working on more projects, they have more money to spend, and they will buy more tools, cars, holidays and more. The flow-on effect to our greater economy can be far greater from a happy tradie than for a standard wage-earner.

If you want to feel fabulous about your life and the future of the local economy, go for an early morning walk and see the bustle of activity that occurs between 5am and 630am. The wage earners are likely to be still in bed at that hour, while the drivers of the economy will be out driving their utes that drive the dollars.

You will feel confident, happy and alive in yourself as well as feeling more positive about the economy; even if you are a little bleary-eyed at first! There is much to be said for going to bed before 10pm but that's a topic for another day!

For more information, or to discuss your specific situation, please contact me directly.

Jeremy Britton
24HourWealthCoach

Jeremy Britton is an independent wealth coach who believes that the phrase early to bed and early to rise still delivers on its promise. You can find out more about investment and what drives the economy in his award-winning book Who's Taking Your Money? (and how to get some of it back!) - available at Amazon, Angus & Robertson or direct  from 24HourWealthCoach

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