Essays & Confessions/Investing

7 Things Not To Do In 2020 (Under Any Circumstances)

By | Thursday, October 01, 2020

 

Agenda book

At this point, there’s not really much we can say about what a difficult year 2020 has been that hasn’t already been said hundreds of times (on this website and elsewhere). A lot of us are now just focused on trying to make the most of what is and will continue to be our new normal, at least for a while. Making socially distant plans to see friends you haven’t met up with in months, learning new at-home hobbies, spending way more time in nature than usual and remembering to grab our masks as we head out for yet another hike — and realizing that being able to do those things makes us so incredibly lucky.

But as we’re still adjusting to what like will look like for the foreseeable future, it’s important to recognize the adjustments that would affect us negatively in the long run. For instance, panic moving. For those of us who’ve been cooped up in urban areas for the last six months, it can be so tempting to want to leave your crowded city for a place with fewer neighbors and an actual, real-life yard. But what happens when we do go back to normal — will you be stuck with an inflated mortgage thanks to buying in a seller’s market? Will you be stuck somewhere you don’t actually enjoy spending your time, potentially with a giant commute that wasn’t part of your routine pre-pandemic?

Check out our video below to hear the other things you shouldn’t do during the remainder of the year (/the pandemic) under any circumstances.

Image via Unsplash

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