Quote:
Originally Posted by texas*princess
lol
I have a regular bank savings acct that I use as 'Christmas savings' so I don't have to live like a college student or put Christmas gifts on my CC cards come November.
This recession crap is driving me nuts. Everyone I talk to is having issues. My 401K was seriously worth more in 2006 at this time than it is now. I'm not about to retire or anything, but it's kind of depressing when a mid-twenties person who used to get all excited about how much was saved up is now worrying what retirement is going to be like since my 401K is worth crap right now  |
I know what you mean... with the Fed cutting rates left and right (and have left the door open to further slash the rates), it is difficult for savers to see ANY returns on their investments. Yet people who have lived a little more precariously, living off of credit cards and whatnot, are getting breaks in their interest rates. Totally sucks. The only good thing out of this recession thing is that the hubby and I are purchasing a lake front lot for our retirement home at an unbelievably low price.