Why should I state the obvious? The honest truth is the US economy continues to struggle across the board in many categories. We could debate the power of the American dollar or maybe discuss the outrageous gas prices at almost $4.00 a barrel. Explain how unemployment continues to rise or maybe how the housing market is slumping. It just seems recently that the US Economy can't seem to get a break. Well this article is here to inform you that it will not get easier but will probably get even worst, however after reading this article I hope you get more insight and use the tips provided in helping you to overcome this tough financial period. Let's prepare shall we. Here is the list of tips to use.....

1. Have a Game Plan and execute it. It is easier said than done.

2. Overall Cut expenses.

3. Get clients into longer-term contracts. Use incentatives if necessary. (Business Tip)

4. Ensure you're an asset at your job and not a liability. Don't want to get laid off.

5. Try to network more often because if you get fired you might have a network or contact to fall back on.

6. Watch the overall job market and job listings. These are the best indicators of a good economy or a bad economy.

7. Explore your options and try to develop a possible niche in the market. You could possibly find instant success and it comes with no risk or nothing to lose.

8. If have a stock portfolio make smart moves (diversify), either talk to financial advisor about options.

9. While the US market is cold other Markets are hot, expand your horizons even if it means putting 5% -10% of your portfolio out there.

10. Have and build a cash reserve source.

11. Renew your lease if you're a business enterprise. (Business Tip)

12. Be alert and keep your ears open to growing opportunities around you.

According to a poll conducted for CPA firm Rothstein Kass by Russ Prince approximately 61% of industry principals surveyed felt that a recession is a "more likely" scenario in 2008. A positive outlook is ahead, despite the difficult times currently. Look at it this way it can only get better from here. Please use these 16 tips that were explained and stay positive. It is only a matter of time before our economy rebounds but until then we must wait patiently and be hopeful.