financial advisor cameron mccarty is on with some tips to manage your finances in the elias: vividtaxadvisory. com new disclaimer suggested anchor intro: while star wars mania reaches new heights, local financial professional cameron mccarty, owner of vivid tax advisory services says there are a few money lessons we all can galaxy's most famous jedi masters. how some of yoda's can extend beyond the us master our financial futures. us about money? a: he was not only a master at teaching force and how to use it, he can also teach us a thing or two about our finances. "do, or do not. there is no try." the beginnings of a budget is not winning the powerball jackpot dollars. here's why.the odds of winning are 1 in 292 million, so your chances are not good. you have a better chance of dating a supermodel, being attacked by a shark or getting hit by lightning. (source if you choose to use stat: new york post) we need to make sure we are using what money we do have...wisely. the best way to do that is to make a budget. a budget is the cornerstone of a solid financial plan, but only about one-third of

stephanie: we are joined by cameron mccarty, the president of vivid tax advisory services. q: how low are we talking about for oil prices and why? crude oil prices fell below $30 a barrel. these are levels not seen since 2004. oil prices even came close to $30 a barrel global financial crisis recession, and in 2000, when the bursting of the tech bubble pushed the u.s. economy into a recession. (source if you choose to use stat: time). prices are falling because global oil production keeps rising, leading to an oversupply and bloated inventories q: how are consumers being affected? 1. wall street 2016 has been the worst start to a year because energy part of the stock the average american's 401(k) has lost $6,500 since the start of the year i caution my clients against any knee-jerk reactions. for my clients who are retirement, they may want to withdraw from savings accounts or other money that is not tied up in stocks to give their 401(k)s time to recover. for younger clients, they have years to make up the losses. a good financial plan does not let short- term volatility i