I thought we should be saving our money….


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I thought we should be saving our money….

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Here’s an article on cnn.com on how consumer spending has decreased despite increase in money in consumers pocket.

Economics can be really confusing. Americans are encouraged to save, because money in savings accounts is better than debt. But, when we actually start saving, the economy starts tanking because no one is spending money, so, we’re encouraged to spend. Mixed messages.

The joys of living in a consumer society…

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The Frugal Law Student | 30 Oct 06 | Uncategorized

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