I need a bucket list.
I have things I want to do, but I forget about them just as quickly.
Someone brought something to my attention that made me depressed. 12 years ago or so a 5 year CD would pay you anywhere from 6-8%. Think about getting almost 10% back of your money every year doing nothing. People could have a next egg for buying a home and it would grow quite well. If you have 10,000 you were making almost $800
Now, the best you can find is 2%, not a big difference you would think. But if you think about that same little nest egg is now, how can any of us think we can make any type of saving. Now you would get (at best) $200 for that $10,000. It is an amazing difference.
There is this housing decrease, but they also aren't letting us make money on the money we try to save so we can purchase a home. Do they just want us to make the same mistakes? Purchase things with little down payments?
Somethings got to change.
I have things I want to do, but I forget about them just as quickly.
Someone brought something to my attention that made me depressed. 12 years ago or so a 5 year CD would pay you anywhere from 6-8%. Think about getting almost 10% back of your money every year doing nothing. People could have a next egg for buying a home and it would grow quite well. If you have 10,000 you were making almost $800
Now, the best you can find is 2%, not a big difference you would think. But if you think about that same little nest egg is now, how can any of us think we can make any type of saving. Now you would get (at best) $200 for that $10,000. It is an amazing difference.
There is this housing decrease, but they also aren't letting us make money on the money we try to save so we can purchase a home. Do they just want us to make the same mistakes? Purchase things with little down payments?
Somethings got to change.