With Good and Bad Advice Flowing, Learn to Discern

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Haven't recent events proved that we all -- corporations and regular folk -- should be saving more and borrowing only as absolutely necessary? The two strategies together put you in a better position to handle a financial crisis.

In this economy, you'll hear a lot of advice about what you should do to preserve or produce money. Just consider the affiliations and motives of the people handing out this wisdom before you make any financial move.

· On the air: Michelle Singletary discusses personal finance Tuesdays on NPR's "Day to Day" program and athttp://www.npr.org.

· By mail: Readers can write to her at The Washington Post, 1150 15th St. NW, Washington, D.C. 20071.

· By e-mail:singletarym@washpost.com.

Comments and questions are welcome, but because of the volume of mail, personal responses are not always possible. Please note that comments or questions may be used in a future column, with the writer's name, unless a specific request to do otherwise is indicated.

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