Financial resolutions - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Financial resolutions

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KENNEWICK, Wash.-  Being smarter with money is always a top New Year's resolution, and with the Dow rising 93 points Monday, many think this might be their year.

Some financial advisors in our area say this could be the perfect year to start saving or making money.

Stan Allred of D.A. Davidson & Co. says, "We've just rebounded from a very deep recession. So we're now in a recovery phase. In the long term we see a lot more upside in the economy than downside."

Most advisors agree that to save money you have to make a budget, and stick to it.

Interest rates are the lowest they've been in 30 years so refinance your home, credit cards, and auto loans if possible.

Also, consider commodities, natural resources, and real estate.

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