Re: Savings Rate Goes Negative
Correct me if I'm wrong, but the numbers a a bit misleading. I don't think they include the increased value of housing and / or retirement funds. I'm not saying that it's a good thing, but just that the numbers tend to be thrown out there without full disclosure.
For example, I spend more than I earn. I'm retired and I have my assets in place so that I can do that. I still watch my money and don't spend it on things that I don't need, but I'm one of the ones contributing to the non savings numbers.
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Disclaimer: I don't know what the heck I'm talking about (my wife's favorite quote), so please take all advice given with a grain of salt :o
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