Comments on: The new frugality is off the chain http://humanbeingblog.com/2009/03/new-frugality/ Thu, 15 Jul 2010 02:55:20 +0000 hourly 1 http://wordpress.org/?v=3.0 By: humanbeingblog http://humanbeingblog.com/2009/03/new-frugality/comment-page-1/#comment-19 humanbeingblog Wed, 04 Mar 2009 07:34:46 +0000 http://humanbeingblog.wordpress.com/?p=167#comment-19 This time last year, I was saving 10% of my take-home salary in a money market, plus 15% of pretax (5% from me, 10% from employer) in my 401k. I'm still doing the latter because it's mandatory, but my money market has $43 in it right now, and the balance won't grow for a while. One day I'd like to get back to it. It felt good to pay myself first. Just not feasible right now. We'll put Annalein on our list! This time last year, I was saving 10% of my take-home salary in a money market, plus 15% of pretax (5% from me, 10% from employer) in my 401k. I’m still doing the latter because it’s mandatory, but my money market has $43 in it right now, and the balance won’t grow for a while. One day I’d like to get back to it. It felt good to pay myself first. Just not feasible right now.

We’ll put Annalein on our list!

]]> By: Derende http://humanbeingblog.com/2009/03/new-frugality/comment-page-1/#comment-18 Derende Wed, 04 Mar 2009 05:12:07 +0000 http://humanbeingblog.wordpress.com/?p=167#comment-18 I've been noticing those stories too, and worrying about its magnifying effect on the economy - although I'm also hearing more stories about the "vicious cycle" that's starting from people not spending. Maybe the most surprising thing is that last month the savings rate was the highest it's been in something like 15 years - and it was still only 5%! Scary. Napa will be a great trip, and I hope you have a lovely time! If you like spicy Vietnamese eggplant, I highly recommend Annalein. (1142 Main St) Don't be too responsible, it's not right with so many vineyards around. I’ve been noticing those stories too, and worrying about its magnifying effect on the economy – although I’m also hearing more stories about the “vicious cycle” that’s starting from people not spending. Maybe the most surprising thing is that last month the savings rate was the highest it’s been in something like 15 years – and it was still only 5%! Scary.

Napa will be a great trip, and I hope you have a lovely time! If you like spicy Vietnamese eggplant, I highly recommend Annalein. (1142 Main St) Don’t be too responsible, it’s not right with so many vineyards around.

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