Economic Stress

July 4, 2020


Ask any doctor.  That heart attack, those kidney stones, that depression, those headaches, even blurred vision among so many other things all have a contributing factor, stress.  

A pandemic not only stresses your body physically from the virus, but turns the world upside down economically.  As if it wasn’t hard enough breathing through a mask, lacking the funds to pay the rent, put food on the table, fill the gas tank, adds real pain to the suffering.  I would replace that job I lost if I just had enough money to get some decent clothes and a ride to the place that is hiring.  

Gratefully, the government rode in like a knight on a steed floating some money and some legislation to keep a good portion of people from taking residence on the park bench.  But soon, that too will pass.

Even before the pandemic, life had begun to switch to what the IRS likes to call a “shared economy”.  That’s right all you Uber and Lyft drivers, Door Dash, Grubhub, Amazon Flex delivery drivers, Instacart, not to mention those turning their homes into Airbnbs.  A million ways to make a buck, because God knows, living these days takes a million bucks.  Did I fail to mention those doing site monitoring for Facebook, Twitter, Reddit and the rest of the social media world.  

Now I know some of you are getting paid on a W-2, but there are plenty that are not.  You are entrepreneurs, freelancers, independent contractors, to put it simply, business people.  And if you don’t know the first thing about running and tracking your business, the taxes are going to kill you.  Did I mention CentralOffice?  Come on, ask a question.  I dare you.