What The U.S. Credit Downgrade Means To You

standard & poors lowers us credit rating, how this effects americansBy now we’ve all heard the bad news of Standard & Poor’s downgrading the U.S. credit rating from AAA to AA+. As a result stock prices are tumbling down hill faster than a rolling rock on Wall Street, but what does this mean to you and the other consumers out there? Well the outlook is that the consumer will be hit with higher taxes, inflation, and higher home buying costs. This will affect the spending, savings and retirement of many Americans.

Things are not going to be getting better anytime soon, so we all need to prepare financially by saving and by earning more money. It may seem very hard to do this but a little goes a long way. If you budget yourself and find ways to bring in additional income you can survive these tough economic times. You can try to get a part time job or work extra hours at your job but that can be very tiring and leave no time for family and yourself.

The ideal way of getting extra money would be if you can get a work at home job, or a way to earn money online in your spare time. You can be at home or anywhere there is an Internet connection and work at your leisure. Well there are such opportunities available, The Online Business System is a great way to make money online from home! They are trusted and used by many and you could start today. Why not take matters into your own hands and start bringing in the money you need to survive the recession.

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