Cultural arts groups in Sacramento and the venues that host them often live on the financial edge. They know how to persevere. In recent years, many have thrived.
Now they are shuttered by contagion. Ticket sales are zero. Philanthropy has slowed. The only good news involves the Downtown convention center and theater. They didn’t lose any business because they were already dark.
COVID-19 has impacted everyone. We’re not only concerned about our physical health, but also how ensuing economic impacts will affect our futures financially. I have a unique perspective on both aspects as the Senior Vice President for Real Estate and Consumer Lending at SAFE Credit Union, as well as a certified fitness instructor.
There are real correlations between physical health and stress over money. People feeling anxious over their personal finances are twice as likely to experience health effects including headaches, depression, and other ailments. While as little as five minutes of physical exercise can temporarily reduce your stress, even a good workout in the safety of your own living room won’t put money in your savings account.
When we are confronted with the unexpected or the unimaginable, it can feel impossible to look past the here and now. As the COVID-19 health crisis continues to spread, the world has changed dramatically. Yet, through it all, there have been beautiful examples of our community pulling together and picking up the pieces.
Sacramento is America’s Farm-to-Fork Capital. We built this designation with the hard work, creativity, and ingenuity of our many restaurants and businesses. Innovation has been the key to building and sustaining our economy during “normal” times and now, more than ever, we must to use our imagination and determination to find a new path forward.
Find out what is going on in Sacramento during the month of May!
Ken Anthony wasn’t among the global airline, hotel and casino companies that instantly lined up for taxpayer handouts when the coronavirus struck. He was too busy trying to keep his small business alive.
Anthony owns Device Brewing Company, which runs three taprooms in Sacramento, including a new restaurant in Pocket’s Promenade Shopping Center. Like countless small business operators, his life collapsed in mid-March, when Gov. Gavin Newsom and Sacramento County health officials closed public gathering places to slow the pandemic.
