We already live pretty frugally these days as they are outsourcing jobs all around me at my company and I could lose my job any day. So, no new clothes this year other than a few very inexpensive fitness items from Sierra Trading Post, no new shoes this fall, not going out to eat, no vacations other than trips to our sailboat where we can live aboard very frugally as if it were a small condo, cooking all our meals with food we've brought from home aboard there too. Also had a garden this year and grew some of our own veggies. I'm working at home once a week to save on gas (wish I could do it more often), and will be cutting back on Christmas gifts to some extent as well.

Other than that, just watching our investments lose value. My 401K, which I've been socking money into regularly since 1985 is at is lowest level in years as of yesterday. Very depressing. But I won't panic and sell my stocks.