My negative money glitch happened 16 months ago, when I was laid off from a job that had lasted almost ten years.  Fortunately, I had the opportunity to have access to DBM one of the world’s leading providers of global outplacement, coaching, and career management firm that provides services for effective career transitions. This company assists you in locating and re-evaluating your career path, revamping your resume, improving you interviewing techniques and so much more.  My previous company paid for this service as part of my severance package for a little over a month.  I toiled over rewriting resume after resume to create that perfect one. Within that month I attended webinar after webinar on interviewing etiquette, face to face networking, and so much more.  The last webinar training was on social networking and how important it was to build a network of people before it became necessary to do so.  I know a little late for me to find this out, hence creating another little money glitch. However, it was explained that social media not only should be used in finding a job, but to create a network of people that could keep you informed of opportunities that were happening within the workforce for the duration of  your career. 

This occurred prior to the near financial collapse and admittedly at that time I had only a few people that were actually connected to me within a social media group. I discovered that my friends, family, and co-workers when it came to social networking online; they were not interested or just were not that internet savvy.   The negative money glitch recession that we’re presently enduring has increased job competition to tremendous new highs.  There was a job fair a few weeks ago in Houston, in which 2,000 people showed up for the 500 jobs that were available.  Presently, these 1 to 4 ratios or more exist though out the country while we wait for the economy to rebound.  For this reason job seekers have to look for ways to become more marketable and create an edge to become the winner of a new position.  Some of you are probably thinking that you don’t have the time to interact with strangers or you may be like me in that you want to keep your privacy. Well, based on my personal struggles in becoming more marketable in order to attain that right job opportunity; I can tell you that it is important to learn to utilize the networking tools.

If you are online using any of the social networking tools like LinkedIn, Facebook, and Twitter, I’m sure that you have noticed the high numbers of HR, hiring managers, and recruiters that are also using these tools to network and make new contacts.  It has been said that some jobs are advertised only on these social media sites because the employers feel they have a better opportunity of getting to know the “real” individual they are hiring. If you don’t belong to any networking groups then you are unaware of the positive money glitches that you are missing.  It is “in” to be LinkedIn the professional networking group designed for the job seekers and employers in mind by creating relationship building opportunities and keeping its members informed of new opportunities.  On Twitter you get short tweets from businesses, marketers, recruiters, the latest news, and more.  There have been several tweets and stories concerning members that have heard about jobs here first.  VisualCv allows you to create your online resume, interact with other professionals and submit your resume to jobs that are posted with that website.  Facebook started out to be mostly for friends and family to communicate, however, during this money glitch recession, it too has become a tool for businesses, marketers, and job seekers to interact and conduct business. There are many, many other social media sites that offer some or all of the services that the fore mention does.  In my opinion if you are a job seeker and you are not using at least one of these networking tools you are crippling your job search.

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If someone told you that there was hidden treasure in the basement of your house.  You might question how an individual would know this; however, you would immediately start figuring out how to investigate the possibility of money, gold, or other valuables that may exist in your basement.  Curiosity would cause an individual to go to the basement look amid the dust and clutter in an attempt to find the hidden treasure especially during this money glitch recession. 

Well, I’m not going to send anyone to their basement to look for hidden treasures however, I do want to share the significance of reinventing oneself during this recessional money glitch journey.  As the economy keeps attempting to wiggle and jiggle back into prosperous stability many Americans continue to lose jobs.  This week the Department of Labor reported that 42 states lost jobs in the month of August, up from the 29 states in July.  Such news confirms that numerous individuals will have to go back to the drawing board to reinvent their career plans and rethink exactly what it is they want to do in life.

The process of reinventing oneself may require some serious thought especially if you are a Boomer or Gen X individual that has to start over resulting from financial money glitches that occurred near the end of 2007.  Dr. Dennis P. Kimbro author of the book titled, What Makes the Great, Great writes, “the subconscious is the gold in your cellar.”  Dr. Kimbro believes the powerful component of our mind that is referred to as the subconscious is not only the storehouse of our memories; but also the source energy that can provide a guiding light in our lives.

Paraphrasing pages from his book there are seven steps to activate your subconscious mind:

• You must have confidence and faith with an expectation of moving thru your money glitch situation; in order, to stimulate a good mental climate for your subconscious to provide valuable feedback.
• Set goals you want to reach, objectives you want to attain, and be specific about what it is you want to accomplish.
• You must actually belief that your subconscious mind can deliver the answers you are seeking.
• Do your homework gathering facts on the subject and then separate those facts from opinions.
• Take time to mediate and explore those facts within your subconscious along with your request for an answer.
• Relax, wait patiently, and watch diligently until you are presented with the answers to your questions or solutions to your problems.
• When your answer and or solution arrive you must take immediate action to move yourself forward quickly.

The subconscious mind is that “still small voice”, hunches, or intuition from within that provides the power to perform the necessary deeds to reinvent you during this recessional money glitch journey. Verification of the subconscious mind fulfilling your requests occurs through experiencing a source of inspiration, motivation, or flashes of brilliance; along with the excitement that rushes over you when you think of a new idea or possibility.

Technorati Tags: money glitch journey, recession money glitch

During the 80’s and 90’s when recessions occurred our government was able to give the economy a shot of what appeared to be “free money” and to get consumers spending again. Since, those recessions occurred when most believed that money was plentiful and credit card debt was cool; it did not take must incentive or stimulus to get consumers to spend money.   However, this recession differs due to the greed and bad management among our financial industries which literally caused a negative money glitch to take place.  Many consumers watched their life savings disappear and or be stolen right out from under their noses without having any recourse of recapturing those funds back quickly.  Debt has become a dirty word and even if consumers wanted to risk going into debt now the banks are not lending money.  

The Federal Reserve issued a report this week revealing that credit lending decreased by $21.6 billion for the month of July alone.  Revolving credit fell by $6.2 billion while non-revolving credit (cars and student loans) dropped by $15.4 billion.  Economists are saying that this is the longest successive decline since 1991and it is five times larger than they originally predicted.  Many people are unemployed or underemployed and don’t qualify for loans, while individuals that are working are stressed and overly cautious because of job insecurity.  

Some economists have theorized that the recession has ended, however the road to recovery will be a longer progression than predicted because two-thirds of the U.S. economic activity is generated through consumer spending.  The Cash for Clunkers program appears to have provided temporary stimuli to the auto industry; however, the big bang that usually occurs during the back-to-school season did not happen this year.  And if unemployment continues to rise higher over the next few months, holiday sales will most likely be a lot smaller than last year; thereby, creating yet another blow to our slowed economy.

Based on these facts alone, I’m sure you will agree that consumers will not be spending our way out of this money glitch recession.  Until American consumers regain that security of knowing that we do indeed live in “the land of plenty” with jobs for everyone who desires one the recovery process will to continue to drag.  This is unfortunate because companies will not be hiring if consumers are not making purchases and the recessional rotation will continue. So how does one provide incentive to consumers whose average net worth has plunged downward by almost 22% since 2007? 

The answer to the problem is quite simple just start creating positive money glitch situations.  On the other hand, to get everyone to cooperate is the real challenge because it requires faith to go against the “norm.”  Consumers will make purchases on items that are actually for sale at discounted price.  During a recession consumers become very “conscious” of over-priced items. Retailers cannot mark-up products and then mark-down to the regular price and call it a sale.

 Consumers have become very smart and frugal with their overall spending and will only respond to great deals.  Manufacturers and retailers should offer a true 20% discount and watch consumer spending increase.  Conversely, this concept will be examined and discussed in further detail in a later article; for now let’s end this week with a quote by Suze Orman, “Money has no power if its own.  You alone are the power source.”

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Almost a year later Americans are still scratching their heads and wondering who is providing accurate information and if that information can be trusted. One thing that makes this a money glitch recession is how events occur from sparks of unpredictable energy that leaves consumers feeling vulnerable. A few weeks ago the BLS announces that it looked like the economy was turning around because unemployment did not go as high as expected, the next week there was information on where to find jobs, but yet unemployment was high in many of those cities. Regardless, the stock market begins to rise providing yet another indication that perhaps the country is near a comeback.   

Now this week on the Friday before what’s supposed to be a long relaxing weekend, the news media provides us with more contradictory data to process. For example:

Only 216,000 jobs lost for the month of August which is good because it is the smallest drop this year.  However, the unemployment rate rose to its highest point since 1983 of 9.7 percent.  Geez, what happened to the unexpected drop from the month of July? When you look at those that lost their jobs along with the underemployed rate (which includes part time workers wanting full-time positions) the unemployment rate reportedly is actually 16.8 percent.  Some reports indicate the job market is improving, but it is very fragile.  However, since December 2007 there have been 6.9 million jobs eliminated due to our recessional money glitch.

Mixed signals during a strong economy mostly likely would be ignored however, when those mixed signals affects whether or not there is a foundation (jobs) established within the marketplace people respond differently.  During a money glitch recession hiccups of energy (such as sensationalized bad news) cause more glitches within the already weak foundation and will start to stymie the wealth of our nation.  Confusion among consumers at this point definitely will not generate spending nor create the needed jobs.  Consequently, consumer lag makes it more difficult for our industries to rebound quickly and generate more income to rehire workers.

Although the news of this money glitch recession is unpredictable, confusing, and often somewhat frightful; it becomes important for one to focus and put energy into the things that one can control. Whether you are gainfully employed, unemployed, or underemployed here are some important points to remember:

• The world can only value you as much as you value yourself
• What you are worth has nothing to do with your present state of being
• You are “somebody” important and no one can take that away from you
• Protect your mind and avoid partaking in the ole saying “junk in – junk out”
• Envision yourself the way you want to be in the future, as if it happened today
• Overcome mental slavery of oppression and lack via positive thoughts and actions
• Know that you are worthy of success and that you are a winner

Have a great weekend everyone and remember “Tough times never last, but tough people do” – Robert H. Schuller.

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