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September 16, 2008

In a Tough Economy, Maximize Your Money

Let’s face it: The news has not been good lately. We wake up to a gloomy economic headline every day. Unemployment recently hit 6 percent. The stock market crashed to its lowest levels in years. Consumer confidence is down, and prices and inflation are up.

Times like these can make people edgy, angry and worried, mostly about their personal bottom lines. So how can you make sure you not only survive a tough economy but come out ahead of the game?

Taking control is the first step. These articles will help you maximize your money. And if you have tips on keeping your cool during economic uncertainty, post them in the comments below.

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Posted by Christine on September 16, 2008 at 01:29 PM in Salary | Permalink | Comments (6) | TrackBack (0)

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Comments

With the latest trouble with our economy it has caused many more to loose their existing jobs and make it more difficult for people like me still looking for work. As I am approaching 2 months with 0 leads. But like all situations, i have my support from my wife and son as we try to figure what comes next.

Posted by: John H. | Sep 21, 2008 2:02:04 AM

A few months ago I was down and out and I was going for interview to interview looking for that job that I loved to do. Then suddenly reality hit me and I realized that I needed to find a job that would be there no matter the economic situation in this country or the world. I walked into a bank with no experience and no I am working for their foreclosure department. I know it's not the best job and a lot of people can't do it because they would feel like it's their fault these people are losing their homes, but it's not. You have to be tough to survive in this country now a days, even more so then just 10 years ago, I found a way to keep myself and my family in our home and in a few years i will be at the same position as my boss now. People need to stop listening to what wall street says about how good or bad we are doing go out there and find a job that will help you live the life that you always envisioned for you family. Get off your rump and be the person that you need to be to retire happy.

Posted by: J.R. | Oct 1, 2008 2:01:20 PM

JR has it right. The news media dramatize events and make people feel worried and frightened. That doesn't help anybody. Do the best you can and stay positive.

Posted by: sharon | Oct 4, 2008 11:50:07 AM

Career Change!! That's what was needed. I'm in the same situation. I have gone almost four months with no job offers and this week I have three. One is for Retail Managment with a major toy retailer and the other two are with insurance companies. I have the opportunity to earn MUCH higher wages in insurance sales than in retail. My experience lies mostly in retail, but I do have sales experience and love working with people. What do you all think? Should I switch career paths and take the chance selling insurance?

Posted by: Teresa Christenson | Oct 22, 2008 1:32:56 PM

You should try insurance. Why are you hesitating? Go for it!

Posted by: Natallia | Nov 9, 2008 9:32:16 AM

I have been unemployed for over a year now. I have been searching for a job everyday. I have tried everything I know to land a job with no luck. My back ground is in Industrial Sales of Bearings and Power Transmission and Material Handling products. Is there something I am not doing correctly. Your feed back would be greatly appreciated.

Perry Black

Posted by: Perry Black | Nov 9, 2008 11:16:52 PM

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