Getting Your Financial House in Order for '09

KPBS | By KPBS Public Broadcasting

Published March 30, 2009 at 7:28 AM PDT

This story was published more than 15 years ago.

2009 started with a bang. Or, more precisely, a crash of the economic kind. So in the midst of a recession, as people are losing their jobs and retirement savings vanishing overnight, what kind of f

Originally aired on February 19, 2009.

Maureen Cavanaugh : It used to be, if you had a few extra dollars, you were foolish not to invest in the stock market. If you had more than a few dollars, investing in growth markets or real estate was the way to go.

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Then came last year with the mortgage meltdown, and the Wall Street collapse and suddenly the old ways of thinking about saving and investing your money, if you have any left, aren't working anymore.

With job insecurities, and volatile markets, it's harder than ever to make ends meet while still planning for the future.

Guests

Jean Sinclair , certified financial planner and the managing member of Avenue Advisors , an independent financial advisory firm.
Rick Brooks , chartered financial accountant and planner, and vice president of investment management for Blankinship & Foster .