This is part of our Financial Literacy Month Question and Answer series
Question: I’m in my 40s and have for the past 15 years saved a sizeable amount, however, in one bad investment lost nearly all of it. I even lost my job, now I’m in a low paying job (secretarial), please advise how I can start again. Just thinking of all the meticulous saving and budeting I did all these years leaves me depressed! Carmen
Answer: Hi Carmen, my condolences on the …

This is part of our Financial Literacy Month Question and Answer series
Question: I have a financial question (this is one of those ones I think I’m “supposed” to know the answer to, and yet, I don’t, and I’m having trouble finding someone who does know the answer, so I thought I’d ask you. When budgeting books and programs say “Pay yourself first” what does that mean? Does it mean pay your savings account and keep it there? Give yourself treat money to go spend? …