As a sort of off-shoot from agl4now's thread, I was wondering what people could do, or are doing, to be better prepared for an economic downturn?
A couple examples:
-get rid of any debt you can
-try to curb unnecessary personal spending (lattes, bottled water, comfort foods)
I thought it would be good for all to hear the many different ideas! Prepare for the worst, hope for the best!