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The G20 Tackles Global Financial Crisis  You Can Tackle Yours

One of the major themes of the recent G20 held in Toronto, Canada was the worldwide financial crisis.� The G20 endorsed the goal of the richest nations, including the US, of cutting their deficits in half within 3 years.

In their closing statement, the G20 leaders recognized that�serious challenges remain in the world’s economic recovery.� The leaders said that growth is occurring, but that recovery is “uneven and fragile,” and unemployment in many countries remains at unacceptable levels.� The G20 leaders said to sustain recovery, nations must follow existing stimulus plans and work to create conditions for  robust private demand .

The parallels between the global financial crisis and personal financial crisis are clear.� At a meeting around the dining room table, we acknowledge we re in crisis.� Cutting our deficits would change our entire world and would restore peace to our lives and our families.� We can see a faint light at the end of the tunnel.

The good news is that we have one tool available that the G20 nations don t  bankruptcy.� Our family can receive a fresh start.� We can erase past choices and make new ones.� We can take the wisdom we ve acquired and put ourselves in the best position to exceed this year and beyond.

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