Since most people reading my blog are youth ministry folk, I’ll assume you have less than $100,000 in the bank.
If you have money at a normal bank, you don’t need to worry about it. It is safe. The FDIC insures accounts up to $100,000 dollars. If you bank fails, you will get your money. Stop panicking.
Investments are another story. Looks like it will be a bumpy ride in the foreseeable future. The S&P 500 lost 8.8% today. Ouch. The market has lost around 28% in the past year. If you are someone who likes bargains, the market is on sale.