7 Hard Money Lessons People Are Going To Learn During This Pandemic

Nicolas Cole
Ascent Publication
Published in
6 min readApr 13, 2020

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My co-founder at Digital Press said something to me a while ago that fundamentally changed my perspective on money.

He said, “We haven’t personally experienced a recession yet.”

I was only 18 years old when the markets crashed in 2008.

I hadn’t yet stepped into the real world. I didn’t have a full-time job, or a working relationship with money. I didn’t truly have context or a larger understanding of what “a crash” meant, and how it was impacting people’s lives.

Looking back, of course, it makes sense why my parents were overly stressed during my senior year of high school. I can at least imagine what they must have been feeling. But I would have been naive to think I truly knew what that sort of burden feels like myself.

At 29 years old, I am now experiencing my first “global recession.”

Millions of people are filing for unemployment.

Businesses are closing. Startups and companies are laying people off.

The world is grinding to a halt.

When you’re out of school, and you start working your first job, and even as you begin to make strides in your…

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Nicolas Cole
Ascent Publication

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