National Savings Rate Continues to Plummet
- Wednesday, August 16, 2006
• A negative national savings rate can't continue indefinitely, even if stock market returns and home values do continue to rise. Excellent returns on our prior investments appear to have weakened our resolve to put new money into savings. All is not lost, but it's clearly time that we pick up the pace. Based on our current negative savings rate, the first place to start is aligning our spending with our income. There aren't any shortcuts to saving money, even when the stock and housing markets try their best to provide one.
© Sound Mind Investing
Published since 1990, Sound Mind Investing is America's best-selling financial newsletter written from a biblical perspective. Visit the Sound Mind Investing website.
Click here to request a free information packet regarding the Sound Mind Investing newsletter.
Click here to investigate the widely-acclaimed "Sound Mind Investing" book, available at a 35 percent discount!
Recently on Budget
Have something to say about this article? Leave your comment via Facebook below!
Listen to Your Favorite Pastors
Add Crosswalk.com content to your siteBrowse available content