Monday, November 10, 2008

Buckle Up America!

It’s another manic Monday with 1.2 million job losses reported till date. DHL is cutting 9500 jobs on top of the 5400 job cuts it has announced earlier this year and closing all its US domestic operations. Circuit City has filed for bankruptcy which makes job cuts apparent and AIG gets another forty billion dollar bail out. The time has come to fasten our seat belts for the bumpy ride ahead since the worst is yet to come. Most companies are being proactive in preparing themselves for the rough ride and are taking a close look at their operations and trimming the expenses where ever they can. Though loosing a job is something that we cannot control what we can control is how we perform at our jobs. It’s no time to slack off now. Now is the time to show what a great asset you are to the company.

It’s equally important to maintain fiscal discipline and delay any instant gratifications or what have you. My husband wants to plan for a Thanksgiving get away to Vegas which would cost us at least 1000 dollars in spite of booking the flights and hotel with all the points that he has accumulated till date. I do understand how important these trips are to bring us close to each other but I am not sure if I want to take it now. My debt free month March-2009 is just 4 months away and I do not want to do anything that might delay this. But if going to Vegas is imminent, I will possibly look for new ways to save more money. November is going to be expensive for us. We need 1500 dollars to pay towards the taxes and HOA dues for the 3 acre lot that we own.

Right now I am focused at doing my job right and keeping my job rather making myself another add on to the job-less statistic.

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