We all know that saving money is essential, but statistics tell us that most Americans donít do it on a consistent basis. In fact, just prior to the economic collapse of 2008, personal savings rates were at all-time lows in the United States. Much of this was fueled by the property market bubble, which led people to believe that their homes could never depreciate.
Therefore, the ever-increasing value of their home equity each year, dis-incentivized people from saving money. Why save money every month, when home equity is building so strongly every
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How to Build the Crucial $1,000 Emergency Fund
April 26th, 2011 at 10:49 pm