Now that credit rating firm Standard and Poor’s has downgraded the United States’ government debt from AAA to AA+ for the first time in history, a sense of uncertainty has again taken over the American psyche. After another historic plummet of the stock market last week in response to Congress’ clumsy negotiations over raising the debt ceiling, the market again today has opened drastically lower. How will the week play out? No one knows for sure. But families all over the country are bracing for the effect of the national – and global – financial chaos on their own personal futures.
Many are concerned that the S&P downgrade of U.S. bonds – and now their additional downgrade of Fannie Mae and Freddie Mac – will raise interest rates for families, making it more difficult for them to pay off credit card debt or arrange for a loan to purchase a new car or home. And small business owners, already hampered in their abilities to function, are facing another setback in their growth from these S&P downgrades.
What can we do in these difficult days? Here at Nourishing Relationships and Her Mentor Center, we’d like to help you cope with the stresses of the economic turmoil that you may be facing. So for a limited time, we are now offering you our ebook, Taking Control of Stress in a Financial Storm: Practical Strategies and Resources for Success, completely free of charge. Comprised of eight white papers, our ebook can empower you and give you tools to manage the challenges and tensions you are experiencing. Simply click on the link to Taking Control of Stress in a Financial Storm and you can receive a complimentary download of the pdf file. Use the tips we provide to create solutions for your family distress in these tough times. And please let us know how you are doing through the “comment” button below.