These are really good times to have money.
I know that sounds crazy, but if you are one of those people who has been ultra cautious with your savings and investments through the years, you are sitting in the cat bird's seat.
Yes, you suffered through the boom years-all those claims from family and friends of double digit gains. But a voice deep down inside told you it just wasn't worth the gamble.
So you stuck to bonds instead of stocks. You paid off your mortgage instead of getting a second one. And now while everyone else is scared to spend, this is your chance.
It turns out the world is on sale: sea cruises, luxury hotels, clothing, automobiles. There isn't anything for sale, it seems, that hasn't been discounted deeply.
Car dealers giving away automobiles for every one sold, cruise ships offering berths for as little as 70 bucks a night.
Your caution has won its reward, and if you spend some money now, you might actually save somebody's job.