Either yourself or your family. If so, what are you doing to help get through these tough economic times? For my family and I, the problems are having a big impact on my retirement savings plan. About 1/4 of it was in company stock where I worked which has gone from a high of $107 a share down to as low as $13 recently. Unknownst to me, the company got in a pinch with not having enough liquidity to continue operating a certain large area of it's business. In fact, the company, Constellation Energy, is now attempting to sell itself to billionaire Warren Buffett for $26.50 a share - .25 cents on the dollar from what it was worth a year ago. Of course, that's pending stockholder approval which has some serious doubts at this time. I'm almost afraid to see what my next statement is going to look like when received in a week or two. If I was still younger there would be plenty of time for it to recover, but I'll be eligible to draw from it in less than a year and a half. Most economy experts are saying don't expect much improvement for another 5 to 7 years. At it's present value, I'll probably wait until I'm in my early/mid '60s before touching it in hopes it will improve somewhat. At least I still have plenty of contract work with Constellation due to their downsizing employees (myself included) to the point they don't have enough now to get all the work done.
We've also tried to cut costs at home. Bathroom lights that normally take 8 bulbs now only have two. Ditto for other ceiling lights that get used a lot. We do most of our heating with a wood stove on the coldest days when the heat pump is least efficient (most expensive) to use. AC is set at 81 and heat is set at 69 degrees F. If the price of LP gas keeps climbing, the wood stove is also going to be used for some of the cooking since it has a built-in cook top.
Anyone else getting caught in a pinch with the economy woes, and what are you doing to help get through it?