Thursday, April 30, 2009

Suze Orman's recession rescue plan

Do you know what your family would do if you lost your job -- or worse, your home? Financial expert Suze Orman is ready to help you devise a recession rescue plan to survive -- and possibly thrive -- during this deepening financial crisis.


How much longer should we expect times to be tough? "Things will get better, get worse. ... [In] the next two or three years, it will start to turn around," Orman says. "But I'm so sorry to say it will be, in my opinion, 2015 until every single person feels hopeful again."

Which is why Orman says it's so important to look at what you have and be grateful, instead of looking at what you've lost and feel angry. "If you continuously look in the rearview mirror while you're going forward, you're going to get in an accident. And the victim of that accident is going to be you," she says. "Don't compare. You'll feel stronger, you'll have more energy and you'll be able to turn this around."

Be grateful for the savings account you do have or the family that has helped you through. Although she knows it isn't easy, Orman urges everyone to see what they've been through as a kind of blessing. "When you are grateful -- when you can see what you have -- you unlock blessings to flow in your life."

For the full articles please follow the links below; 

http://www.oprah.com/article/money/personalfinance/pkgyourmoney/20090108_sas_actionplans?cnn=yes

http://www.cnn.com/2009/LIVING/personal/04/29/o.suze.orman.recession.rescue/index.html





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