Prepare now for personal economic disaster

August 5, 2008 7:52:00 PM PDT
If you are worried that the economic slow down is going to become an economic disaster for your family, now is the time to prepare yourself.

he experts say do not wait until you get laid off to jump into action.

Start by saving now to make sure you have an emergency fund. Shoot for one that will last six months.

Take training classes now to build new skills and strengthen your standing at your current job.

And begin networking, and if you really think getting laid off is a real possibility, start your job search today.