How Americans Spend Now

Americans react to the downturn with big changes in attitudes and spending habits, but they're not giving up hope

The Financial Adviser

Roy Richie for TIME
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Matt Felber, 39, Cleveland

'One of my clients — 45 years old, a top executive — e-mailed me, "Should I sell everything?" I wrote back, "No, you're fine, you can ride this out." His return e-mail said, "I knew that was the right answer." I've been telling a lot of people that they're going to be O.K. They need to hear that right now.'

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