What are some things you can do, can think about, should do during this financial meltdown? Here's what I'm doing.
- Praying. Thanking God for what I have and that he is in control. This economy has not taken him by surprise.
- Think long term with your goals and investing. It wasn't that long ago the the market / your retirement plan was doing great. This economy will turn around. You have to maintain perspective.
- It is critical to spend less than you make.
- Buildup then maintain an emergency fund. I'm not as comfortable with my current balance in this account as I was a year ago. It's time to increase this fund.
- Sell some things in your home that you no longer use. Last week, I sold my 12 gauge.
What things would you add to the list?
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1 comment:
Thank you for this post and your blog. Just discovered it and am looking forward to following your blog.
I have been avoiding the news lately. Seems its so negative and I think when that's all you hear, it can really depress you. I try to start the day with positive thoughts, prayer, thanks to God for what I do have (as you mentioned).
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