Monday, January 26, 2009 is now known as "Bloody Monday".  The number of jobs lost on that day was devastating.  If you are among those who lost jobs on that day, or any day for that matter, keep your chin up and start planning for a better future now.  If you still have a job, but you fear there may be cuts, it is also a good time for you to plan, as well. 

OnlineCreditProfessor.com offers some very good advice on their blog.  So, what should you do when you no longer have a paycheck, and jobs are difficult to find?  In their post "No Paycheck, Now What?" they offer some very timely tips and advice to those who have lost jobs.  The first bit of advice is – don’t panic.  Sit down and take a look at your expenses and find areas where you can make cuts.  Another piece of advice is to consider using this economic downturn to your advantage.  If you can’t find a good job, it may be a great time for you to  to earn a degree online or take career training to learn a new vocation. 

Research has shown that people who hold bachelor degrees make more income over the course of their career than those with no college degree.  In addition, those with college degrees are less likely to be laid off than their peers with no degree.  So, it pays to earn a degree, and may even provide some job security.