Comments on: How to Stay Upbeat in a Down Economy http://www.nodebtplan.net/2009/01/30/how-to-stay-upbeat-in-a-down-economy/#utm_source=rss&utm_medium=rss&utm_campaign=how-to-stay-upbeat-in-a-down-economy A personal finance blog teaching you how to live debt free and use credit wisely. Fri, 10 Feb 2012 15:18:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Davehttp://www.nodebtplan.net/2009/01/30/how-to-stay-upbeat-in-a-down-economy/#comment-23302 Dave Sun, 14 Jun 2009 23:53:16 +0000 http://www.nodebtplan.net/?p=1801#comment-23302 I sadly have joined the huge rakes of the unemployed. Having worked steady for the last 10 years as a engineer, I'm scared to death. I got no severance, and will have to tap into my 401k (what's left of it) and un-employment to make ends meet. I hope I don't lose my home. I've been reading that networking is the "new" way to find a job. I'm going to try that full speed ahead. I was worried when I heard of all the layoffs, but I thought I was safe. I'm now hoping to find a company that treats it's workers with respect and allows THEM to grow, but that may be a hard road to follow. It's hard to stay upbeat, but it's better than feeling down all the time. I pray I can provide for my family, and find a new job soon. Good luck to everyone in the same situation. I sadly have joined the huge rakes of the unemployed. Having worked steady for the last 10 years as a engineer, I’m scared to death. I got no severance, and will have to tap into my 401k (what’s left of it) and un-employment to make ends meet. I hope I don’t lose my home. I’ve been reading that networking is the “new” way to find a job. I’m going to try that full speed ahead. I was worried when I heard of all the layoffs, but I thought I was safe. I’m now hoping to find a company that treats it’s workers with respect and allows THEM to grow, but that may be a hard road to follow. It’s hard to stay upbeat, but it’s better than feeling down all the time. I pray I can provide for my family, and find a new job soon. Good luck to everyone in the same situation.

]]> By: Kevinhttp://www.nodebtplan.net/2009/01/30/how-to-stay-upbeat-in-a-down-economy/#comment-10379 Kevin Fri, 06 Feb 2009 03:56:51 +0000 http://www.nodebtplan.net/?p=1801#comment-10379 @Ashley: That's the thing. We need to keep perspective. Booms and busts are bound to happen, unfortunately. @Jenn: Excellent point. I can imagine that being scary. No one wants to pop up with anything that might get them put on "the list". @Startup: Interesting perspective. I've read happynews.com (or is it .net?) before, but it is mostly fluff. @Curt: Exactly. Having something on the side... or even full time in addition to regular income would be awesome :) @Jeff: I'm definitely feeling better since we have an emergency fund, yet I have this nagging feeling I'd feel even better if it were double or quadruple the size! @Ashley: That’s the thing. We need to keep perspective. Booms and busts are bound to happen, unfortunately.

@Jenn: Excellent point. I can imagine that being scary. No one wants to pop up with anything that might get them put on “the list”.

@Startup: Interesting perspective. I’ve read happynews.com (or is it .net?) before, but it is mostly fluff.

@Curt: Exactly. Having something on the side… or even full time in addition to regular income would be awesome :)

@Jeff: I’m definitely feeling better since we have an emergency fund, yet I have this nagging feeling I’d feel even better if it were double or quadruple the size!

]]> By: Jeff@MySuperChargedLifehttp://www.nodebtplan.net/2009/01/30/how-to-stay-upbeat-in-a-down-economy/#comment-10041 Jeff@MySuperChargedLife Mon, 02 Feb 2009 20:12:25 +0000 http://www.nodebtplan.net/?p=1801#comment-10041 Good advice! I think it is important to recognize the economic climate we are living in and prepare ourselves accordingly. I certainly believe in having a nice emergency fund to fall back on should an unanticipated situation arise. Good advice! I think it is important to recognize the economic climate we are living in and prepare ourselves accordingly.

I certainly believe in having a nice emergency fund to fall back on should an unanticipated situation arise.

]]> By: The Weekly Roundup | Master Your Cardhttp://www.nodebtplan.net/2009/01/30/how-to-stay-upbeat-in-a-down-economy/#comment-10020 The Weekly Roundup | Master Your Card Mon, 02 Feb 2009 07:43:55 +0000 http://www.nodebtplan.net/?p=1801#comment-10020 [...] No Debt Plan talks about staying upbeat in a down economy. I love the tip on turning off the news! Watching the news is the quickest way to get yourself in a [...] [...] No Debt Plan talks about staying upbeat in a down economy. I love the tip on turning off the news! Watching the news is the quickest way to get yourself in a [...]

]]> By: Curthttp://www.nodebtplan.net/2009/01/30/how-to-stay-upbeat-in-a-down-economy/#comment-10013 Curt Mon, 02 Feb 2009 04:30:55 +0000 http://www.nodebtplan.net/?p=1801#comment-10013 It's time to start thinking about getting your own customers. Customers that a job lose will not be able to take away from you. It’s time to start thinking about getting your own customers. Customers that a job lose will not be able to take away from you.

]]> By: Start-Uphttp://www.nodebtplan.net/2009/01/30/how-to-stay-upbeat-in-a-down-economy/#comment-9972 Start-Up Sat, 31 Jan 2009 20:36:06 +0000 http://www.nodebtplan.net/?p=1801#comment-9972 I hate watching the news. The news is full of stories that make you sad. Every now and then I miss out on information like not eating peanut butter, but for the most part I hear the important information from talking with family and friends and I miss out on the sad and disappointing news. I just really hate the news and it's not even just the financial news. I hate watching the news. The news is full of stories that make you sad. Every now and then I miss out on information like not eating peanut butter, but for the most part I hear the important information from talking with family and friends and I miss out on the sad and disappointing news. I just really hate the news and it’s not even just the financial news.

]]> By: Jennhttp://www.nodebtplan.net/2009/01/30/how-to-stay-upbeat-in-a-down-economy/#comment-9953 Jenn Sat, 31 Jan 2009 04:41:33 +0000 http://www.nodebtplan.net/?p=1801#comment-9953 I'm terrified. I work in marketing which generally has a lot of layoffs during rough economic times. On top of that, I had to request some changes to my job description as I'm recovering from an accident and am just not 100% yet, I can't handle crazy amounts of business travel yet, and I'm afraid I commited a huge mistake by telling my company that. It's scary when you actually consider if your health or your job is more imporant. I chose my health, but wonder if that's going to hurt me later. I’m terrified. I work in marketing which generally has a lot of layoffs during rough economic times. On top of that, I had to request some changes to my job description as I’m recovering from an accident and am just not 100% yet, I can’t handle crazy amounts of business travel yet, and I’m afraid I commited a huge mistake by telling my company that. It’s scary when you actually consider if your health or your job is more imporant. I chose my health, but wonder if that’s going to hurt me later.

]]> By: Ashley @ Wide Open Wallethttp://www.nodebtplan.net/2009/01/30/how-to-stay-upbeat-in-a-down-economy/#comment-9929 Ashley @ Wide Open Wallet Fri, 30 Jan 2009 17:00:31 +0000 http://www.nodebtplan.net/?p=1801#comment-9929 This week has been especially bad. Everyone I talk to got laid off, or knows someone who got laid off. My post today touches on that subject but I didn't even get into the worst of it. Some of the things people are doing to try to save their jobs is really sad. I'm normally a very positive person, always looking for the silver lining. But this week has me down. I just keep hearing over and over about layoffs. And not from the news which I've been avoiding, but from people I know. It sucks. But the economy has to contract before it can grow again. We had a lot of insane growth there for a while. So we have to have some insane constricting to match it. Hopefully it doesn't get much worse. This week has been especially bad. Everyone I talk to got laid off, or knows someone who got laid off. My post today touches on that subject but I didn’t even get into the worst of it. Some of the things people are doing to try to save their jobs is really sad.

I’m normally a very positive person, always looking for the silver lining. But this week has me down. I just keep hearing over and over about layoffs. And not from the news which I’ve been avoiding, but from people I know. It sucks.

But the economy has to contract before it can grow again. We had a lot of insane growth there for a while. So we have to have some insane constricting to match it. Hopefully it doesn’t get much worse.

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