Good Strategies in Bad Times
There is no disagreement about the sad state of our economy. And, the experts unanimously agree that it will, at some point, bounce back.
The question is, what should we be doing in the meantime? Here are some answers.
1. In concert with your boss, find out what skills and competencies you could add to make you especially valuable. Then, aquire them as quickly as you can, and update your boss as you do.
2. Enroll in an online degree or Online certificate program which will give you the edge over people in your profession against whom you may find yourself competing.
3. Put together a professional grade resume and cover letter. Hire an expert to help you, if necessary.
4. Do not "panic sell" stocks or other good investments if you can afford to hold onto them.
5. Consider regularly scheduled investments in undervalued stocks or assets. Use only funds for which you will not have an immediate need.
6. Pay down all of your debts as quickly as you are able. Start with high interest credit card debt.
7. Develop a regular savings plan and put away money until you have at least enough to live on for six months.
Adhere to these tips and you will make yourself financially bullet proof. Your goal should be to continually enhance your financial position, regardless of the economy. It can be done. - 23159
The question is, what should we be doing in the meantime? Here are some answers.
1. In concert with your boss, find out what skills and competencies you could add to make you especially valuable. Then, aquire them as quickly as you can, and update your boss as you do.
2. Enroll in an online degree or Online certificate program which will give you the edge over people in your profession against whom you may find yourself competing.
3. Put together a professional grade resume and cover letter. Hire an expert to help you, if necessary.
4. Do not "panic sell" stocks or other good investments if you can afford to hold onto them.
5. Consider regularly scheduled investments in undervalued stocks or assets. Use only funds for which you will not have an immediate need.
6. Pay down all of your debts as quickly as you are able. Start with high interest credit card debt.
7. Develop a regular savings plan and put away money until you have at least enough to live on for six months.
Adhere to these tips and you will make yourself financially bullet proof. Your goal should be to continually enhance your financial position, regardless of the economy. It can be done. - 23159
About the Author:
Alan Myers is an economics instructor and writer who contributes to websites on online degree programs and accelerated online degrees.
posted by X - Men @ 2:51 AM
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