There is probably no one out there that has not  experienced hard times, due to the economic changes in the past 2 years.

The experience may have been personal or observing how it has affected a loved one or friend. I can be hard to keep your spirits up and stay motivated to achieve all those dreams you have during hard times. During hard economic times you must keep your head up, shift, adapt, and keep believing in yourself.

Take a step back, regroup and approach everything one step at a time.

Downsizing and layoffs are scary, but hard times affect all social classes. It may take months, or even years, before you see an improvement in the economy. Economic changes may be completely out of your control, but even small changes in your lifestyle can make a big difference in how you cope with day to day life during hard times.

The key is to manage your money wisely and create what I call attitude money.

In addition to saving for unexpected crisis you need to also create a separate saving account to cover the little unexpected things you need and make you feel better. An account that allows you to relax because you know it is there in the event something comes up that will not change your life, but may give you a headache in trying to deal with it. This security improves your attitude, hence the name attitude money.

You must cut back on spending; however, do not forget to reward yourself for all the effort you put in to make things better for your boss, children, and others that you love.

Just make sure you set aside for savings and think up of new ways in which you can enjoy your hard-earned cash and still have enough for those rainy days. Give yourself time to establish your career. The older you are, the more devastated you can be when you get hit by the crisis, and that is because you have put more effort into getting where you currently are in life.

If you’re living on your own, maybe it’s time to get a roommate. You can always ask a friend, but make sure you both respect each others privacy, and are willing to equally square in the expenses.

When it comes to anything in your life, it is always good to hope for the best but prepare for the worst. Should the walls come tumbling down your preparation will keep your life from becoming devastated.

Today, start building a  financial cushion by putting away a certain amount of your monthly income in a secure place. Create another account for your attitude money and use it wisely.

While the economy is performing poorly, start doing more to optimize your value to the company you work for. If down sizing does occur at least you will have done what is necessary to potentially keep your job by demonstrating that you have value to those you work for.

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