Lessons from Schitt’s Creek: Building a New Future for Yourself

Image courtesy CBC

Friends, some of us became acquainted with each other when one (or both) of us was in a moment of crisis. Loss can come in many forms, at any period of life. Some are thrown for a loop after being laid off or taking retirement earlier than they’d imagined. Sometimes a death or illness shifts everything in a family. Maybe debt or other baggage from an earlier chapter catches up with us in this one.

A new low is not a fun place to find ourselves. It can feel sad, and overwhelming. There are lots of ways to think about this place, like being “up the creek without a paddle.”

This idea is also the premise for the Canadian hit comedy Schitt’s Creek. The show takes it to the extreme: the Roses, an ultrawealthy family, suddenly lose everything when the government discovers their business manager has run off with all the money. It’s all gone—their business, their home, everything. And they must make do with their one remaining asset: “The kids,” the self-involved mother Moira says, referring to their adult offspring.

“The children are dependents, Moira,” their lawyer corrects her. The government allows them to retain Schitt’s Creek: a small, rural town they once purchased as a joke.

Hilarity ensues as the pampered adult children and their out-of-touch parents must face the shock of their change in status, the loss of their network and friends, a crumbling reputation… and a pressing need to learn to do things for themselves!

No one we know in real life has faced anything quite like this, but being able to laugh at and with the Rose family can help us shore up our own inner assets. When it seems like things couldn’t possibly get any worse, we may have an opportunity: things can only get better!

So whether you’re starting your investment journey or starting over in some way, any day is a great day to begin. We can give ourselves a new Day 1 at any time.

The Roses eventually saw things this way. Each family member gradually took new risks and learned new things. Both children find themselves jobs and then start new businesses; the father finds partners to start a local franchise. After a few stutter-steps, even Moira manages to relaunch her acting career.

And, wouldn’t you know it, the children even learn to ride a bike for the first time.

In the end, each becomes more self-reliant. They find ways to take their experiences and talents and transform them into something they can offer others. Can you think back to a time when you had to learn to do something different for yourself? Or when you had to change or rebuild a habit?

Each of us has done it, over and over again, throughout our lives. It happens in our school days, at each new job, with each change in our families and households. If you’ve done it before, you can do it again.

And, honestly, if the Rose family can do it… anyone can. We’re ready to help you begin (or begin again), anytime.


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Lessons from Schitt's Creek: How to Begin Again 228Main.com Presents: The Best of Leibman Financial Services

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