Over 71,400 Jobs Lost Today – What Can We Do?

On the heels of the news today that over 71,400 more jobs were lost today, it's certainly enough to cause one to pause and think about the state of our economy and where fit in it.  I really can't imagine there are too many people now-a-days that feel totally safe and secure in their current employment.

Well, I guess there are some careers and industries where you're probably pretty safe and don't have to give too much thought to layoffs or even more down-turns in the economy, but I would speculate that those people are few and far between.  Every where you turn these days we hear more news about the sagging economy.  It was just announced over the weekend that Europe's recession is probably going to be even worse than the one we're experiencing here in the US.

So with all this 'gloom and doom' on the news lately, what can we do about it?  What can we do to keep our spirits high, our stress levels low, and make sure we'll come out ahead in spite of what's going on around us?

Well, I propose the idea that RIGHT NOW is the time to think about finding ways to either supplement your current full-time income, or prepare for the day when you find yourself on the receiving end of a pink slip, much like the 71K+ that received one today.

Also, even though the time of preparation has past, if you find yourself burdened with an immense debt load, it's probably a good time to try and find ways to eliminate as much of your debt as possible, as quickly as possible.  Yes, it will require a good bit of discipline and a little extra effort, but when you're sleeping soundly at night because you KNOW you're secure financially, I think you'd agree that the extra bit of time and energy was well spent!