Wednesday, February 25, 2009

How to Thrive, Not Just Survive: The Economy Today

How are you faring in the “doom and gloom” that the media is broadcasting? Do you find that you feel more apprehensive after you watch the morning/nightly news? You are not alone!

People are hanging on to more and more of their assets as the media continues to paint an ever-declining picture of the economy. What can you do to ensure that you are getting what you need, and more?

Do you have money in the markets? Don’t panic! Hanging on to your stocks for the long-haul is just one of the ways that you can ride through these times. It is the investors that panic and pull their funds out of the markets that keep plunging stocks lower and lower.

If you are like most Americans, you feel pressure to spend less. There are ways to spend smarter, still allowing you to live the lifestyle you are accustomed to.

1) Clip Coupons

Yes! Just like “the olden-days” there are coupons out there. Look in your local paper, and on the internet for deals on your favorite products and services.

2) Consolidate Trips

Have to go over the Narrows Bridge? Schedule appointments close together; ask a neighbor or a friend to go along; share the toll, the fuel, and some company!

3) Eat in!

If you think you can’t cook and find yourself going out instead, take a lesson from Julia Child (she was a “terrible cook” until she decided to learn!). You just may find that you enjoy making your own meals, and you’re probably a much better cook than you thought!

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