I am doing so many things right now that I feel just turned upside down. I'll right myself in a bit, I know that for sure, but here are two things I have decided to do to help do this:
I will not watch ANY American Evening News show for the next two weeks.
I will not obsessively log into my Roth IRA account to check it's "status".
As far as I can tell, the news all about the doom and gloom on Wall Street, the doom and gloom in the economy, the doom and gloom in the world and the upcoming US election process. Thanks to the Internet, I can pick and choose the information I want to keep up with. I like being informed, I don't like being inundated with nothing but bad news. It's bad enough my boss is obsessing about the Dow Jones Industrial Average (currently it is up 177, good considering the European and Tokyo markets had a hit today). I don't need to have it thrown at me every time I turn on the radio or TV.
It's times like this I wish I had cable so I could just tune out to HGTV or some other cable channel.
Yes, I am concerned about the economy, my full time job depends on a healthy market and my part time job in real estate depends on a healthy market. But what I am trying to avoid is this overwhelming feeling that my world is coming to an end because of this economy. I know I probably should not have dipped into my Efund as much as I did the past few months (damm those hobby expenses I tagged emergencies :) ), but I don't want to continually kick myself for those past decisions and fear what may happen to my future because I spent $200 on hobby expenses. I did it, I've moved on.
What has this got to do with personal finance? It's about taking a deep breath, looking at the spending plan, and not freaking out. It's about calmly planning a head. It's about skipping a movie night in favor of a rewatching an old DVD night. It's about making do with the food in the pantry (which is more than adequate) instead of stopping at the grocery store to "make a meal". It's about dusting off those old sewing skills and fixing buttons and holes in pants pockets. It's about not having a panic attack and taking it one day and dollar at a time.