Your financial condition cannot improve by retreating and can only be improved by advancing your production lines.
Americans are being made to believe incorrectly that their financial survival is based only on saving because of the unprecedented commitment to doom and gloom scenarios and constant 24 hour a day screaming encouraging everyone to contract! Case in point-the first two months of 2009 the savings rate in this country went from under 1% to almost 6%, and yet Americans still have less! Your financial survival depends on a combination of both producing income and a savings plan-- not one or the other.
When you get fed up listening to the contraction theories and wake up to the facts that now is the time to attack not retreat, focus on the solution and what you can do, rather than on the problem and do nothing.
Feeling sorry for yourself if you just lost your job won't get you a job. Crying about your investments going down in value won't make those investments go up in value. Waiting for the government to give you a tax break of $70 dollars a month repair your financial situation.
Now is the time for action not inaction and for expansion not contraction. The first thing to do is to decide that you are going to survive and prosper, not retreat in defeat. Second, know that it is up to you and no one else! Third, attack with all your resources, resolve and energy. (The entire plan is discussed in the book Sell to Survive.)
If you have lost your job, get over the shock and don't waste your time with resumes, no one is looking at them. Attack the job market by knocking on doors and go sell someone on why you will be valuable to his/her company. Do not be enticed by extended unemployment, you will find yourself less desirable to the job market after your 32 weeks of government money.
If you planned on retiring this year get over your disappointment, accept that your plan didn't work. Just like a pilot, you make adjustments throughout the flight you don't crash the equipment because things change.
If you have lost money in the stock market, don't get out now. Reassess your portfolio. Sell your losers and reposition your remaining cash to take advantage of the next 5-6 years.
If you run or own a company, pour on the marketing and promotion. Seize this opportunity to conquer market share while your competitor retreats and disappears. If you are an individual working for someone else, do everything you can to promote yourself to everyone you know.
Decide to survive and prosper! Decide to be part of the solution not part of the problem. Now is the time to expand, not contract, advance not retreat, do more not less, solve problems not be problems!