Thursday, February 01, 2007

Personal Savings Rate

I read with dismay this article on excite.com.

C'mon people, save a little for a rainy day?

I understand you want a better life, but does that better life have to be measured in things. I know I saved some money the last 21 months, so that means somebody else spent 2.4% more than they made last month. The degree of waste astonishes me sometimes.

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