By Kathy McMahon

If you aren’t feeling some degree of apprehension right now, you aren’t reading the news. Here are some of my thoughts for turning that emotional energy into constructive action:

1. SET A GOAL TO CUT YOUR EXPENSES by some concrete number—10%, 20%, 30%, even 50%, and set up a plan to do it. Reducing costs is the fastest way to increase your income–faster than making more money.