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Managing your personal finances wisely in 2008


Last updated 1/10/2008 at Noon

It’s a fact: people are concerned about the economy and what the outcome will hold for them in 2008.

The forecast from the infamous Byron Wien reveals that regardless of the Federal Reserve assuagement, other issues are taking the United States into a recession.

The contributors of this recession, he says, are the lull in the housing market, banks remaining ever cautious with who they lend to, unemployment rates rising, federal funds dropping and gelatinous consumer spending.

What do we do, you ask? Well, Fallbrook’s financial experts share their recommendations on how to manage mone...

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