2008 Year in Review

Economy

by Angie VanderVinne

Due to the ongoing volatility of the economy, people of all ages and in financial situations are worried and uncertain about what to do to protect their finances and families. The first thing you can do, is turn off the news. The second thing to do is stop watching your 401K, stock portfolio, or other investment plan. I am not suggesting that you bury your head in the sand, but listening to the “doomsday” news reports and watching the fall of your retirement savings will bring you nothing but fear.

To survive challenging and uncertain financial times, the best thing you can do is control what you can control. Review your investments, your budget, your lifestyle, your employment, etc to determine if there are changes you can make to protect investments, save money, reduce spending, increase income, and ease your mind. We cannot control the politicians, Wall Street, or the price of gas and groceries. Control what you can and give the rest to God.

I saw this “recession” coming a long time ago, and I find it ironic that NOW the talk shows, new shows, etc want to talk about budgeting, saving, etc. We should have been listening to and acting on this information sooner, and not living carefree, spoiled lifestyles with an entitlement attitude. I’ve been there, you’ve been there, and our government has been there. Hunker down people, and take control of your finances and apply God’s principles to managing money to YOUR family finances. Get “Back to Basics”.

by  Editor, theCity1.com
October 13, 2008