A new study and article has found that Income has fallen to 1996 levels for Americans when you factor in the effects of inflation.
This is depressing no matter how you slice it, but you can take a proactive approach to this with your own job and future. If you’re in a slow-growth sector, it might be time to rethink your career and industry. If you’re doing fantastic work and haven’t had a decent raise (or one at all), go ask for one.
Set aside cash if you’ve got a positive cash flow. Don’t spend money on stupid stuff and things you don’t need.
Having a positive cash flow feed your emergency fund in the good times can prepare you for the unforeseen events in the future.
Stand tall and figure out your plan and do whatever you can to not let your income level slide.
[Image courtesy of Purple Matt Fish]
Fabio Marciano is an accomplished author and runs the popular blog Cubicle Millionaire. He is dedicated to radically changing people's lives first through their finances and their work. He frequently writes about a variety of topics, namely getting ahead at your full-time job, doing great work, losing weight and getting in shape, creating a second income, how to plan for the future and how to be more productive (to name a few topics). 
