Here's a tidbit in the September issue of my Smart Money Magazine listed under the title, Juicing the Economy:
"Americans are so often chastised for not saving enough, but the rebate checks recently pushed the national savings rate to 5 percent. If it stayed this high, it would be the highest percentage of saved income since the late 1990s."
That's kinda cool. I've never been part of a revolution before.
If you recall earlier this year when the big wigs announced the stimulus package, they implored us to spend, spend, spend. Instead, I banked my $600 and started My Economic Stimulus.
Have you started saving more this year than ever before? If so, post a comment to this blog entry so we all can benefit from your experience!
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Tuesday, September 2, 2008
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