The Hellish Consequences Of Losing Hope: Parents Spending Money Rather Than Saving For Retirement Or Children's College - The Great Awakening

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The Hellish Consequences Of Losing Hope: Parents Spending Money Rather Than Saving For Retirement Or Children's College (www.americanthinker.com) 💥 BANK COLLAPSE 💥

posted 218 days ago by PowderRoomPolitics 218 days ago by PowderRoomPolitics +39 / -0

Bidenflation advances: Consumers no longer trying to save for college and homes, now just spending on luxuries

Year ago, I read in a book whose title I can't quite remember, about economists observing something curious in inflation-wracked Argentina: Consumers were no longer saving money. They were spending instead, spending on themselves, buying up...

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– OffGridGuy 3 points 218 days ago +3 / -0

I'm not exactly in the same boat, but I stopped saving during Covid. Why bother with 5% returns when inflation is 7% and spent money has the benefit of not being taxed? Saving $750 accomplishes nothing compared to spending the money on food storage which can feed me for a year.

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