Consumer Confidence drops

Well I know my confidence has dropped. I am reining in any unneccesary spending. I don't feel my livelihood is threatened but in this uncertain environment it can never hurt you to have too much cash in the bank. I think a lot of people probably feel the same way I do. We don't live paycheck to paycheck but we are not comfortable with our level of cushion. Right now I only have about 1.5 months of expenses as a cushion. I am trying to get that up to a 6 month cushion.

See the related story below on Yahoo Finance. Speaking of Yahoo, they are planning jobb cuts of their own.

Consumer Confidence Drops in January