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			7  Do’s Vs. Don’ts in a Down Economyby www.SixWise.com
   Economists  have pronounced the Great Recession over, but at home many Americans are still  struggling to make ends meet. The percent of disposable personal income going  to savings is hovering around just 3 percent, according to the Bureau of  Economic Analysis, which suggests Americans are still cash-crunched. Further,  43 percent of Americans have less than $10,000 stowed away for retirement,  while 27 percent have less than $1,000, the Employee Benefit Research  Institute's annual Retirement Confidence Survey found. Coupled with high  unemployment rates of 9.5 percent as of April 2010, these trends show that many  American families are not out of the woods just yet. So  even though the economy may be making a slow comeback, it’s still important to  act savvy to protect your health and your financial future. Here we’ve compiled  a go-to guide to do just that -- weather out the economic storm and come out on  top. 
    
        
            | Do | Don't |  
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 Devote a  percentage of your income to healthy foods. Research  has shown that more than 50 percent of Americans increase their food intake  when feeling stressed out, including due to financial stress. In the past  people would lose weight when faced with stressful situations, but the stress  of the economy and fear of the unknown are causing people to put on weight. By  focusing your diet on wholesome foods and staying active, you’ll be able to  avoid weight gain, and its related health problems. | 
 Buy cheap  fast-food to save money. Tightening your budget during economic uncertainty means  that more people are watching how much they are spending on groceries.  Oftentimes this means opting to buy cheaper, unhealthy foods to save a dollar.  Fast-food giant McDonalds has reaped great benefits with their dollar menu  offerings while sit down restaurants that offer healthier options are taking  the backseat. In  order to protect your health down the road, and save money on future medical  bills, you should focus on purchasing healthy foods for your family, and eating  most of your meals at home. |  
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 Talk to your  doctor about your prescriptions. Are any unnecessary? Are you being  overmedicated? Could you replace any of your medications with healthy  lifestyle habits? Many doctors prescribe medications when they’re not truly  necessary, such as antibiotics to fight a viral infection. This exposes you to  unnecessary side effects and, in the case of antibiotics, is supporting the  creation of MRSA and other antibiotic-resistant superbugs. By only taking  prescription medications when absolutely necessary, you’ll protect your health  and save money in the process. | 
 Stop taking  medications without talking to your doctor first. At the height  of the recession many Americans stopped taking their prescription drugs because  they couldn’t afford them. But certain medications cannot be stopped cold turkey,  and doing so could put your health at risk. So before you decide to stop taking  a drug, make sure it’s safe to do so. At the very least, generic versions may  be available to save you money. |  
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 Keep regular exercise  a priority. Exercise can help prevent heart disease, stroke, diabetes  and cancer, along with boosting your immune system, lowering your blood  pressure and promoting healthy blood sugar levels. If  the economy has got you down, you may be tempted to park it on the couch  instead of heading for a brisk walk after work, but remember that exercising  increases the levels of endorphins in your body, which reduces stress and puts  you in a better mood. | 
 Spend a fortune  to get in shape. Fancy exercise equipment and expensive gym memberships are  not necessary to get the benefits of exercising. With a pair of running shoes  and the will to do it, you can walk or jog your way to better health in no  time. There  are also inexpensive exercise DVDs you can do right in your own home. Our  favorite by far here at SixWise is the mind-body fitness program SheaNetics from MySheaNetics.com. SheaNetics  is a unique fitness and self-help philosophy dedicated to providing you with  life-improving ideas and the inspirational motivation needed to achieve  complete well-being. You can find out more and view an introductory video at MySheanetics.com. If  necessary, you can invest a bit of money into a few sessions with a personal  trainer. He or she should be able to give you tips for working out using  everyday items you have around your home. |  
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 Keep seeing  your doctor for regular health screenings. Regular check-ups and health screenings   can catch a problem early on, often making it easier to treat and recover from.  In your quest to cut back on your budget, don’t skimp on regular preventive  medical care. | 
 Let your  doctor talk you into unnecessary diagnostic procedures. If your  doctor recommends a diagnostic test, make sure you understand what it’s for,  whether it’s necessary or just a precaution, and what the consequences of  declining it are. Some doctors are overly careful in their diagnostic testing  out of fear of lawsuits, while other tests can turn up false positives. Do your  homework to find out which tests are necessary and beneficial, and which are  not. |  
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 Indulge in a  vacation. A vacation is often just the thing to keep your stress levels under control. By  getting away, even for just a long weekend, it gives your mind and body time to  recharge, regroup and recover from the daily grind. It shouldn’t be considered  optional to take a vacation, it should be regarded as a necessity in today’s  harried world. | 
 Blow your  budget to go somewhere exotic. With travel levels down, deals abound for cheap travel  around the U.S. Even some of the nicest hotels are struggling to fill up rooms, and you can  stay at a four-star hotel for a fraction of the cost. There are also great bargains for cruises and  all-inclusive vacations to be had right now, so if you can find one, take advantage of it. You  may also want to plan a  “staycation” this year.  A vacation does not have to mean jetting off to an exotic locale. You can get  many of the same stress relief and relaxation, perhaps even more, by getting away  for just one day or a long weekend, as long as it’s to someplace truly  peaceful, such as a forest preserve, beach, your potting shed in the backyard  -- even plopped in the tub listening to the Pure Relaxation CD: Guided Meditations for Body, Mind  & Spirit. |  
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 Make a plan to  get out of debt. But, before you devise a plan, you need to know how much  debt you’re carrying, and at what interest rates. So make a list of what you  owe and tally up your total debt. Next,  read this step-by-step  guide on how to dig yourself out of debt.  Basically, you should pay your necessities (mortgage, food, utilities) first,  then move on to taxes and student loans. From there focus on paying down one  credit card at a time, and start with the one with the highest interest rate. Do  whatever it takes to make sure you’re paying more than the minimum on your  credit cards, as paying only the minimum, it can take 10 years or more to pay  off a card. You can consider downsizing your home, cutting back on unnecessary  splurges or even taking a second job. | 
 Stress over  your financial situation. Once you’ve made a debt repayment plan and adhere to a  sound budget, put your finances out of your mind. Stressing will do nothing to  help you get back on track faster, and will only cause you more headaches. |  
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 Have adequate  tools for stress relief. Stress is a normal part of life, but taking time to relax  and de-stress is essential. For tips on how to do just that, read It's Time to Relax: 15 Quick  Tips to Help You Shift Your Gears to Relax Mode Quickly. | 
 Worry yourself  sick. Financial problems can lead to depression and are the number one problem for  married couples, plus a major cause of divorce. Facing economical difficulties  can shake up your need for security and even leave you scared about how you  will survive. But  the chronic stress this worry causes is known to actually intensify  inflammation, according to the American Psychological Association (APA), which  makes you more vulnerable to inflammatory and neurodegenerative diseases like  multiple sclerosis. Stress  can even trigger diabetes and lead to weight gain, so make sure you keep your  stress levels under control. |    
SixWise Says ... America is a country where ~ half the money is spent buying  unhealthy processed food, and the other half is spent trying to lose weight.
 “It’s a recession when your neighbor  loses his job; it’s a depression when you lose yours.” -- Harry Truman
 Money  is better than poverty, if only for financial reasons. A  bank is a place that will lend you money, if you can prove that you don't need  it.Recommended Reading Recession  Bargains: What 15 Items Should You Buy Now to Take Advantage of Falling Prices? The Six Most  Recession-Proof Businesses 
 Sources iVillage.com CNNMoney.com  March 9, 2010 Bureau  of Economic Analysis Gogle.com  Public Data, Unemployment Rate 
 
					  
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