New rules for a new economy

Last reviewed: May 2009
House with an auction sign in the front
 

There are moments in time that make you stop and think. Or at least moments that should. This is one of those times. After watching the mortgage bubble burst, stock markets nosedive, credit freeze up, the auto industry virtually implode, and too many Americans lose their jobs, frankly you need a different set of principles for how to manage your finances. That's why we're proposing these 10 rules for a changed economy. Some might sound familiar; others would have been unthinkable just a year ago. All are intended to protect you going forward. So forget what you've learned. Here are the New Money Rules.