The economy is in the dumps, banks are failing left and right, and the government is taking extraordinary measures to rescue the U.S. financial sector.

You read the headlines every day, and though you may understand what's happening on paper, what all of these changes mean to your finances might not be as clear.

Farnoosh Torabi, author of You're So Money, offers practical financial advice on:

  • What the Wall Street crisis means for your money
  • What to do if your savings bank fails
  • The basics of bond investing
  • What you need to know if you bank with Washington Mutual (WM)
  • What Lehman Brothers ' (LEH) demise teaches investors about risk
  • Visit MainStreet.com for more money-managing strategies.
    This article was written by a staff member of TheStreet.com.

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