How To Handle a Pay Cut (Financially Speaking)

With the overall economy tanking, and very sharply in many specific industries, some companies are turning to an alternative when everyone but the critical personnel has been laid off  - pay cuts. A company-wide pay cut has the potential to save a large number of individual jobs at the "expense" of the many. As an example, for … Continue reading How To Handle a Pay Cut (Financially Speaking)

11 Ways to Stay Positive in a Bad Economy

How often have your heard about how bad things are going in the last month or so? I hear it everywhere I go. Every meeting with a client or colleague, every get-together with friends, and every informal chat with family is filled with references and discussions about the bad economy, job uncertainty, the stock market plunge, and … Continue reading 11 Ways to Stay Positive in a Bad Economy

Should You Take Vacations in a Bad Economy?

For whatever reason, this seemingly simple question has come up in conversation twice this week with two unrelated groups of individuals. During the first conversation, the tone was firmly set against vacations, with good reasons to back it up. In the second case, everyone was adamant that vacations were a must, with equally compelling reasons. … Continue reading Should You Take Vacations in a Bad Economy?