Wall Street's financial crisis can all seem overwhelming and confusing.
Does all this panic mean we should run to the bank and withdraw all our money?
Financial officials are saying the best thing we should do is "nothing.”
The economic crisis can be scary but what does all this financial talk mean for you?
Mike McCann with SunSouth Bank says, "From the wiregrass stand point, it's really a non-event."
He says that he sees a lot of positive things happening in the future and if you have money in stocks this is not the time to pull it out and lock in your losses.
"That could be a fatal mistake for some people. They probably have good investments. They probably sought good advice. Just because the market is down, taking it out in a panic probably won't help them in the long run,” says McCann.
Officials say that certificates of deposits or CD's are a safe investment.
They're FDIC insured and the FDIC is not at risk.
"I think you can open your Sunday paper up and see that deposit rates are very competitive right now,” says McCann.
One thing you can do is take simple steps to make sure your credit score is strong like paying your bills on time.
Banks are having a harder time getting credit, making it harder for you to get loans.
Credit will go to the better borrower.
"All banks are under increased pressure to make quality loans,” says McCann.
The worst thing you can do is take all of your money out of the bank to keep as cash in your house.
Once cash is lost or burned in a house fire, that money will be gone forever.
If you still have concerns about your finances, you can talk with your local bank or financial advisor.