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Morning Business Update, 12/04/2008
Brandy Bell reports on business.
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You might be scared, but that's not always bad - if you channel it into action.
The stock market and housing market crash, plus rising unemployment and harsh credit card terms, have made Americans aware that their financial futures are fragile. But out of the pain has come laudable behavior: People are thinking twice before spending on a whim, for example.
Saving money often means figuring out how to do things yourself, instead of paying for a service. Surprise your family as the new resident plumber and grease monkey, or in-house legal adviser.
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