Consumer spending may be up, but savings are down. What does it mean to a U.S. economic recovery and your own family’s economic sustainability?
Entries Tagged as 'consumer spending'
REPORT: U.S. Spending Up, Savings Down (i.e., Economic Recovery?)
March 29th, 2010 · No Comments · Economy
Tags: Commerce Department·consumer spending·economic recovery·Income·report·savings·U.S.
Is Now the Time to Shift 401K Funds into Money Markets?
February 8th, 2010 · 3 Comments · Investing
My sister has been telling me for months that the stock market is in for a correction. Why should I listen to her? She works for a company that handles a large portion of U.S. company 401K portfolios and is in the financial trenches daily. She’s also called 3 of the last 3 corrections in [...]
Tags: 401Ks·bonds·commerical real estate·consumer spending·investment protfolio·money markets·PIIGS·stock market correction·Unemployment
A List of Interesting Recession-Time Behaviors
October 26th, 2009 · No Comments · Budgeting
I must admit to being tired of hearing about the recession, poor economic news, whether it is finally ending, yada, yada. But I will also admit that although my personal economic situation has not been affected significantly (to date) by said recession, I have changed some behaviors as a result. Not suprisingly, many individuals have done [...]
Tags: consumer spending·consumer spending habits·economic trends·Economy·recession·sageworks
Feds Cut Rates, Yet Credit Card Rates Continue Upward??
December 9th, 2008 · No Comments · Credit Cards
It’s a classic case of “what is wrong with this picture”: the Federal Reserve recently slashed it’s benchmark interest rate for the umpteenth time this year to 1%, it’s lowest level in years, yet many consumers are getting broadsided with higher rates and fees on their credit cards. So what gives? The bottom line is, [...]
Tags: banking fees·consumer spending·credit card fees·credit card rates·Credit Cards·higher fees·increased credit card fees·interest rate increases
