Iko Ward: The Post-RV Blues
The conversation today was about the pitfalls of sudden wealth. I work with veterans in crisis, and often our research and study comes across related articles and modalities useful in our veteran workshops but also apply to other situations.
We often deal with loss and mournng. The loss of a buddy in combat and the conflicting emotions of staying tuff to stay alive and mourning a friend, letting your guard down, is a common theme, but I wonder how many of we Dinarians are prepared for the loss we are about to experience.
I'm talking about the loss of our old lives, maybe some of our old friends, moving out of the old neighborhood. Things like this will happen.
Add to that for many the constant daily stress of waiting for the RV over the years. Did you know that stress builds? If you haven't been doing regular exercises to balance it out it has been stockpiling in your system.
You will, like it or not, experience a form of PTS (we no longer refer to it as a disorder). We often tell our men and women it will take seven years for all the symptoms to disappear once they start the work. (It actually comes as a relief, knowing there's an end)
With the RV you are, in effect, getting free from a hostile environment. You may get depressed. You may go on a binge to feel the endorphines produced from buying new things. That new car may only make you feel good for a week, and then you'll be down again. Another car won't fix it.
All this depends on how much money you are receiving, who you are, and what are your circumstances. By all means...get out of debt as soon as possible...but you may want to be cautious about that as well. Just don't throw money at your problems. Ever watch a wealthy person purchase something? They negotiate.
We've been talking about waiting to make any large purchases for six months for many reasons. We want to see what happens with the dollar.
We want to get our investments in place to see how much income we'll have. We want to see who comes out of the woodwork with their hand out, what the expert planners tell us, how 'bout we also wait just to get used to our new lives?
It's good to mourn, mourning is a natural way to adjust. We will all have a chance to reinvent ourselves, make up for past mistakes. Be prepared for that to be a challenge, not just a passing thought or another New Year's Resolution.
Of course, some of us will skate right through. Walk out of that bank and into the sunset...some of us.
I've only scratched the surface here. For everyone it will be a unique and individual experience. Just remember, the rich take their time. There's a reason for that.
Best of luck in all you do.