LAS VEGAS -- Gas prices are high, the unemployment rate is up, and casino profits are down.

Some experts say all signs point to a recession.

The price of oil is a driving force behind our economy, and when prices sour, everything else suffers.

But there are a few things that can be done to save money in the meantime.

The price of crude oil hit an all-time high Tuesday, reaching $109 a barrel.

“When gas prices keep going up and up, it affects the entire economy," said Sen. Harry Reid, D-Nev.

The U.S. economy has had its share of trouble in recent months.

Foreclosures are on the rise, the job market is falling, and the stock market has been on a roller-coaster ride.

Financial experts say don't worry -- regroup.

"There is nothing you can do in the middle of a recession. You just have to ride it out," said John Daly of BNY Mellon Wealth Management of Henderson. "If you can write down everything you spend in a week and take a look at it, then you can see what you can cut out."

With real estate, Daly suggests taking advantage of low interest rates by switching any adjustable rate mortgages to fixed.

As for other investments, he suggests to hold on to stocks.

“It's the worst time to sell because it's the bottom. You are at the bottom of the market," Daly said.

Keep in mind, help may be on the way. The economic stimulus bill passed, which means a rebate check could be in the mail in May.

Another suggestion is to try to combine errands to make fewer trips to cut down on gas consumption.