We all know that saving money is essential, but statistics tell us that most Americans don’t 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
Continue reading at:
How to Build the Crucial $1,000 Emergency Fund
April 27th, 2011 at 05:49 am
April 29th, 2011 at 09:43 pm 1304113399
Jerry