This document provides guidance on developing a plan to build resilience. It suggests asking yourself questions about strengthening your support network, changing negative thinking patterns, improving planning and decision-making skills, prioritizing self-care, building confidence, practicing flexibility, and setting goals. Developing a resilience plan can help you adapt to challenges in both your financial life and other areas. The skills discussed apply to crises as well as daily difficulties.

1. Resilience
Develop a Plan
Don Nalls
Patriot Investment
Management

2. HAVE A PLAN!
“We never plan to fail, we just fail to plan.”
-US Army ADAGE

3. This exercise provides you with an
opportunity to develop a plan for
maintaining your own resilience in a number
of areas of your life. The skills that we have
been talking about apply to financial crises,
but they also apply to all the other
challenges you mat face on a daily basis.

4. As you develop and write your plan for
building resilience, ask yourself the following
questions:
 Howcan I strengthen and build my
connection to others?
A support network is critical to adapting
to difficult times. What does yours look
like?

5.  How should I change my thinking? Can I
become optimistic? Move into seeing
things in my life as temporary, both good
and bad, rather than permanent? Less
into playing the blame game, blaming
myself or others for adverse events while
remaining accountable?
 How can I improve planning and
decision-making skills? Do I need to work
on being more decisive?

6.  How am I taking care of myself each day?
Exercise? Financial health? Getting things
done today rather than putting them off to
tomorrow?
 What can I do to feel more confident and
self-assured? Self-confidence is one of the
best buffers against anxiety?
 How can I practice flexibility on a daily
basis? Flexibility, being able to try a different
way, is a key element of resilience.
 What are my goals for the future?