Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.

Click here to ask Ken and Daria your question.

With the presidential election just days away, you would think we'd be hearing about some real solutions to the unprecedented challenges facing our economy right now (what a concept!) Wrong. The financial crisis has brought about more questions than answers and we've had it up to here.

You deserve answers, so we're taking matters into our own hands and tackling your most pressing concerns about the market mess. Everything from retirement to investing to getting a loan, these are the straight answers you won't get anywhere else.

Not sure where to turn in the midst of the financial crisis? Ken and Daria offer real solutions, tools and strategies on Dolans.com to help you survive and thrive.

The short answer to the question, should I worry about the market meltdown? Yes. And, duh.

The long answer: In many ways, I'm lucky. Having been mired in debt since graduating from college in 1992 and embarking on the rewarding (but not necessarily lucrative) profession of writing, I haven't had much to lose in the 401K and investments department. And even if I did have a hefty 401K and numerous investments, I'm 38 years old. I think it's safe to say that any Generation X'er or young Baby Boomer shouldn't worry too much about how their savings has been affected. I know that in my case, even if I wanted to retire at age 65--and being a writer, I'm kind of hoping to be at my computer until I keel over at the age of 106-- that's 27 years away. In some ways, that's a lifetime, although, in other ways, it's just around the corner. My point is, the stock market is going to have a lot more ups and downs and bubbles and bursts in the next 27 years.

So in the long-term, do I think someone my age should worry? No.

But in the short term, I'm glad I'm content with the house I bought in 2000, shortly before getting married and about 18 months before becoming a father, because we're not going to be moving any time soon, if, um, ever. I don't have enough saved for a downpayment on a new mortgage, and my credit history isn't going to inspire any mortgage bankers to fight over me. Meanwhile, with my old Saturn having finally keeled over a few weeks ago, I need a new car and already understand that if I'm going buy one, I'm going to either have to save up the purchase price--or accept the fact that the interest rate offered by many lenders is going to be on par with what you'd expect from a loan shark.

Yeah, in the short term, I'm concerned. Maybe even worried.

The U.S. government passed a $700 billion economic bailout package in an effort to stabilize the flailing banking sector. So far, it hasn't worked as hoped and the financial crisis has deepened since the law was approved. That's the bad news.

The good news is that there is a lot more than help for just banks in the 451-page legislation. Lawmakers added hundreds of other "sweeteners" to make the bill more popular with the public. See if you can benefit from any of the following provisions:

More insurance for bank deposits: Now your bank deposits are protected up to $250,000 for each account. Formerly, the Federal Deposit Insurance Corporation (FDIC) backed your deposits up to $100,000. The increase is temporary, but is likely to be extended.

AMT Reform: Fewer taxpayers are going to get hit with the dreaded Alternative Minimum Tax, a parallel tax code that was originally intended to make sure wealthy people paid their fair share of taxes, but which has increasingly slammed middle-income earners. Basically, unless you make more than $100,000 for single taxpayers or $175,000 for married taxpayers filing jointly, you shouldn't have to worry about the AMT due to the change.

It's a credit crunch. A meltdown. A financial crisis! A banking collapse! While we're all panicking, what should we do? While Tracy Coenen points out that the credit crunch is overstated, I have to agree with Julie Tilsner, who suggests banning credit cards. But my plan goes even further: I don't want to borrow any money for anything. Not a major appliance "buy now pay in 2010!" plan. Not a new car. Not a home equity loan, a refinance with cash out, or anything.

Having made all (or, well, many) of the financial mistakes a woman can make, I've vowed to only buy the stuff I can afford. If my dishwasher bites the dust (it did), I'll wash dishes by hand until I can find a good used machine for my budget or until my sister's erstwhile boyfriend installs the extra one he promised us. If my glass-top stove breaks (yep), I'll cook with the two burners whose glass wasn't totally shattered until I find the gas stove of my dreams on craigslist (anyone want to barter for homemade fig pear lavender jam?). If we need to get around town, we'll ride our bikes or the city bus. Need to go on a vacation? Need a new TV? No one needs these things. New school clothes? Goodwill. New roof? Guess I'd better start saving now.

I've learned that borrowing money when you're broke is only going to make you more broke in the future. The stuff I earnestly told myself was an "investment" has turned out to be just stuff, much of which wouldn't even move for a few dollars at our family's yard sale.

If only the nation's banks could learn that lesson. But they just borrowed money from their rich Uncle Sam. And you and I both know what happens when you borrow money from family...