Menu Close

IRA Financial Group Blog

Adapting to Change During Difficult Times

3 Minute Read

Adapting to change is a skill you can learn, and now, more than ever, is important to have.

Key Points
  • Adaptability is key during trying times
  • COVID-19 has led many to make changes
  • Acceptance of change is the key to getting through most situations

Adapting In A Changing World

COVID-19 has changed the world. 2020 has been a challenging year for many people. It can seem like there’s a new situation every month, and it can be rough on physical and mental health of everyone living through it.

Right now, there’s still a pandemic raging, there’s civil unrest, and governmental mishandling of both has created additional controversy. Adding to that is the fact that the summer is coming to an end, and with it, school returns.


With schools reopening soon, there are a couple of scenarios being floated, and it behooves you to be flexible when considering all of the options. Some districts are opening in-person education full time, some are virtual full time, and some are a hybrid combination of both. Chances are you’ll have to pick for your child if the district doesn’t decide for you.

Even if schools are reopening, the fact that there is still a coronavirus pandemic makes it problematic to think that the school will necessarily be open for the full year. Parents working from home through the end of the year will understand that view. It’s the same reason workplaces are not fully reopened.

But this also means that there’s a need to have backup care, if you have returned to the office, and perhaps full-time care if school are reopening only to close again in short time. Being flexible in your view and demands can be the most important skill you develop in your whole life. Being adaptable to change means you don’t have a rigidity in your thinking, and you have your view but can also work with other people whose view is different.


Business owners are facing challenges of unprecedented proportions. To open or not, to close forever or try and hold on a little longer, and for larger companies, to keep staff on or to cut employees from payroll.

With many offices gone virtual comes the decision of when (or if) to demand the return of employees to the physical office. Many are enjoying working from home, and being just as productive as in the office, if not more.

But being flexible is important with work, too. Some offices are reopening, with employees wearing masks at their desks which are now separated by plexiglass. It’s important to be adaptable and work from home as needed, and work from the office if currently required. Staying safe should not be something you need to compromise, but the world of work as it is may demand flexibility not needed previously.


Adapting to change in a changing world means being flexible with travel, too. Back in the 70’s and 80’s airline tickets could be prohibitively expensive, so Moms and Dads packed their kids in the station wagon and drove places, some of which were really far from home. Airlines flights are less costly now, but many will choose to drive rather than risks exposure to COVID-19 on an airplane.

But car travel means stopping for food and gas, and potential exposure there. It’s a good idea to keep your masks and hand sanitizer handy even while you’re in the car.


Even your retirement plan can adapt to change. If you think you could do better with your retirement funds, you can give yourself that opportunity through the use of a Self-Directed IRA or Solo 401(k). And the choice of investment is adaptable to you, too. Maybe real estate is the best bet for you. Or maybe it’s cryptocurrency. If you self-direct you can make your own decisions for your money.

It’s important to maintain your retirement savings, even during trying times. Stimulus packages have been a big help to many of us. Of course, not everyone can put away money for retirement during this financial crisis. However, if you can afford to make even small contributions, you should.

Adapting to Change

Whether we think of it this way or not, many of us are already masters of change. Unless you’re in charge of your own company and retirement, there are other people whose decisions affect you. Governor requires masks? It affects you. Highway being repaired? Grocery store where you shop changing their hours? Company you work for downsizing? These things may affect you, too.

So what’s the best way to practice adapting to change? Recognize the changes you already adapt to on a daily basis. Kids and parents get sick, tree limbs land on your deck, cars get into accidents or stop working and require replacement. Practice being adaptable in the little things so that the big things don’t feel so overwhelming any more.

And if they do feel overwhelming, know this is just a feeling. You can sit with it and experience it and it’s discomfort. And then you can make a choice to have a different feeling about it. Maybe ease, maybe acceptance, but something that feels better.

Related Articles