What is Your Stimulus Plan?

Wow!! The Dow was up 377 points today! Yipee!! Does that mean anything to you? Are you like the millions of people who watch the Dow daily and cringe with fear and worry every time it drops just a bit more? Are you like me and most of my baby boomer friends who don't even want to open their next statements because what has transpired over the last few months may mean that their plans for retirement may need to be, well... retired for a little while?

I think that each of us has taken a different attitude about the current financial status in which we currently find ourselves. One friend of mine immediately withdrew all of her family's investments/retirement money and put it into a plain, old savings account.

Another friend and her husband have decided to truly stimulate the economy by buying a new car and renovating their kitchen. They have excellent credit, and very stable jobs. They had been wanting to make these changes and with their retirement just a few years off, they figured now would be the time.

I, and many of my colleagues and friends, left my money where it was never dreaming that the market would hit 6000. I spoke with my investment broker last week and he confirmed what I suspected.....I would take a major bath if I pulled out now, so I just need to ride it out. He believes that we should see a turn around beginning around the end of April/beginning of May. For all of our sakes, I hope he is right.

I am fortunate to have a career that is recession/depression proof, teaching. So I am not worried about losing my job. However, I do have another college tuition to take care of and worry about student loan money drying up.

I have a son who will be graduating from college this year with a marketing degree....oh heavens....I think he will be inhabiting his freshly painted room again as he looks for a job. I do worry about his future.

There is no doubt about it, my wicking sleepwear business, Lunar Radiance has been a bit slower than it was this time last year, but by no means is it ready to float belly up...so that is good news.

Almost everyone is impacted in some shape or form, and has a financial issue they are stressing over, but is there a mentally healthy way to approach these times without losing our minds? Obviously worrying does nothing to solve the problems, so what do we do?

How do you plan on making your way through these difficult financial times? What's working for you? What is your personal stimulus plan?