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Asking yourself the tough questions in this economy!

By Cheryl Tolan

Title Insurance with Fidelity National Title & Escrow

October 11, 2008 03:56 PM

FEAR can certainly take hold of us mentally and physically these days - with all that is in the media regarding our economy, locally and globally.

I always try and look for the opportunity in a situation, good or bad. In my opinion, it is going to get worse BEFORE it gets better. Where is the opportunity? I am glad you asked!

It is time to take a serious look at your own economic situation. Ask yourself these questions?

Have you been living beyond your means?

Do you spend more than you earn?

Do you have a savings?

Are your credit cards charged to the max?

Is your car payment a small fortune?

These are just a few questions that need to be answered. Changing the economy starts at home! Fingers can point in every direction at who is to blame for this situation in our country, but when a finger is pointed, we have three coming back at ourselves. I challenge ALL of us to take charge & ownership of our "own" finances. If everyone did this, imagine the change that would take place.

Next time we will discuss "How to Shore Up your Castle"

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Eric Bouler

Gardner Realtors, Licensed in La. - New Orleans, LA

Listening to your Needs

No, I come from a conservative back ground in one of the red states where life is just a lot harder. People here despise debt. We have but a small voice and people tend not to listen. The government has taught people well by there actions and examples. People here are just slow learners I guess.

Oct 11, 2008 04:07 PM

Lynda Eisenmann

Preferred Home Brokers - Brea, CA

Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co

Hi Cheryl,

These are tough questions we all need to ask ourselves. I've been there myself. Your comment about "Changing the economy starts at home..." is very true. We've made lot's of changes at home and also in our office.

And welcome to AR! I see you in Arroyo Grande, nearby Jocko's in Nipomo is one of my favorites!

Oct 11, 2008 04:10 PM

Steve Hewson

KW Commercial Real Estate, LLC - Denver - Denver, CO

Denver Metro Comnulll Real Estate

Same with us. We're making changes, too. It's time to re-group, cut spending, payoff debt, and save. Cash is king in times like these.

Oct 11, 2008 04:55 PM

Bob & Carolin Benjamin

Benjamin Realty LLC - Gold Canyon, AZ

East Phoenix Arizona Homes

Everyone has to make some changes. Cut out anything unless it is absolutely needed.

Oct 11, 2008 05:44 PM

Michael Setunsky

Woodbridge, VA

Your Commercial Real Estate Link to Northern VA

Cheryl, Welcome to ActiveRain! I totally agree with you, change starts at home.

Oct 12, 2008 02:20 AM

Randy L. Prothero

eXp Realty - Hollister, MO

Missouri REALTOR, (808) 384-5645

You make a great point. Too many people are living way beyond their means. With the economy tightening, it is so important to get a handle on your personal finances.

Oct 15, 2008 07:58 PM

Tanya Venable

Orlando, FL

SEO, Mobile SEO, and Internet Marketing Consultant

Cheryl, great blog! We are all responsible for our own actions and now it definitely the time to become more financially ressponsible. It will make a huge impact on the future.

Nov 23, 2008 02:49 PM

Cindy Hartpence

Edisto Real Estate Company - Edisto Beach, SC

Well said!

Cindy

Jan 16, 2009 10:33 AM

Chris & Karen Highland

eXp Realty - Frederick, MD

Integrity, Experience, Enthusiasm!

Even though we groan about the downs in our economy, they really do serve to teach us to ask the tough questions, to re-think the way we spend.

Jan 30, 2009 09:11 AM

Comments(9)

Cheryl Tolan

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