Economy

March 20, 2009

Californians who lived through Great Depression give advice

It's a familar scenario: laid-off workers, banks in trouble and government intervention. More than 30,000 residents in the Sacramento region are 85 or older, and have vivid memories of the nation's last big financial upheaval – the Great Depression. On Thursday, four who lived through the Depression in the 1930s gave advice for surviving today's tough economic times: Be frugal, be careful with money and avoid too much borrowing.

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