Living on Less: Mellody Hobson's Advice

The consequences of the recession have changed the lifestyle of Houston's Bell family. Latavious Bell, a computer engineer, has been out of work for two months and the family's household income is down 75 percent. "Good Morning America" financial contributor Mellody Hobson offered the Bells the following advice on how to cope with the situation. Mellody Hobson's Advice to the Bell Family Preserve Your Nest Egg: If you have savings, try your best to preserve them. Don't dip into them if...Full Story
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