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To: EBH

The US Dollar. It is just as hard to save one in 1974, 1999, or 2022. The act of saving is a mind set and not a conscious act. Once you start leaving some extra money set aside every day, week, month and year it is simply loving yourself enough to do what is necessary to make a purchase more than you earn. Saving is not osmethin you put off.


3 posted on 12/29/2022 4:48:42 AM PST by Jumper ( )
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To: Jumper

Except it feels like for every two dollars I am saving today, they are worth one tomorrow.


25 posted on 12/29/2022 7:15:37 AM PST by Scrambler Bob
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To: Jumper

“The US Dollar. It is just as hard to save one in 1974, 1999, or 2022.”
The thing with saving money now is, unless you are earning 8% or greater on your savings your losing value. In the 1970’s, when inflation started to ramp up, a Money Market deposit would eventually pay 10% or more. Now it’s not even 2%.


28 posted on 12/29/2022 7:29:16 AM PST by MCF (If my home can't be my Castle, then it will be my Alamo)
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