2021 Brought These 4 ‘Silver Linings’

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A year that is now fading into memory brought a lot of tough times. Throughout 2021, the COVID-19 pandemic continued to rage, crime exploded in big cities and inflation hit highs not seen in several decades.

But that doesn’t mean the year was lost. In fact, following on the heels of pandemic lockdowns and massive job losses in 2020, many people were counting their blessings this year.

In fact, a new Fidelity Investments survey of more than 3,000 adults found that nearly two-thirds — 62% — feel optimistic heading into 2022.

When asked about their optimism, respondents indicated that four “silver-linings” were present during the year. Following are the things that helped people to appreciate the state of their lives during 2021.

4. Becoming stronger as a person

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Percentage of respondents who cited this “silver lining”: 34%

As “Gloomy Gus” German philosopher Friedrich Nietzsche famously said, “What doesn’t kill you, makes you stronger.”

Many of us have learned that there is more than a kernel of wisdom in those words. One-third of respondents to the survey believe that they are stronger because of two years of difficult times.

3. Growing closer to family

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Percentage of respondents who cited this “silver lining”: 39%

Many of us have spent long periods of time tightly huddled with family members over the past couple of years. Even though such closeness can lead to discord, a large number of respondents believe that the pandemic has strengthened family bonds.

2. Becoming more thoughtful about spending and saving

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Percentage of respondents who cited this “silver lining”: 42%

Millions of people lost their jobs in 2020 as the pandemic shut down businesses everywhere. Many workers made lemonade out of those lemons. It is well-known that Americans have recently saved money and reduced their debt in a way not seen for decades.

If you are still knee-deep in red ink but would like to join the crowd of people turning over a new financial leaf, check out “How to Pay Off $10,000 in Debt Without Breaking a Sweat.”

1. Sticking with financial resolutions better than in the past

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Percentage of respondents who cited this “silver lining”: 71%

Like getting physically fit, building and maintaining good financial habits takes time and effort. It seems that people are already seeing the benefits of their newfound desire to reduce debt and save money.

Nearly three-quarters of survey respondents said they managed to stick with a financial resolution in 2021. That is up from just 58% of people who managed that feat in 2020. This newfound success is likely due to a more pragmatic approach in setting goals. Among survey respondents, 38% are considering more conservative goals next year, and 34% are only considering goals within their control.

Are you looking to improve your financial situation? Enroll in the Money Talks News’ course Money Made Simple. Taught by Money Talks News founder Stacy Johnson, this 14-week online course offers lessons about money basics, including:

  • Budgeting
  • Banking
  • Credit
  • Taxes
  • Insurance
  • Investing
  • Real estate
  • Estate planning

After finishing these lessons, you will be ready to manage money efficiently while spending less time to get the results you want.

Disclosure: The information you read here is always objective. Sometimes, however, we receive compensation if you click on links in our stories.

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Chris Kissell,https://www.moneytalksnews.com/slideshows/2021-brought-these-4-silver-linings/

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