I think that for people who don't have to do things like this, it is definitely overdoing it. My family and I save and make sure we aren't wasteful, but we don't save to this extreme. However, if it ever gets to the point to where we have to, then i don't doubt that we will. I just don't think you should if you don't have to.
If the economy keeps worsening, I don't doubt we will have to save 50% or more of our income each month. As far as saving money, I just keep from buying things that I want but don't need. And if I have money left over I usually save it instead of just spending it.
that's a good point, save the money you have left over after buying something.
ReplyDeleteyou have made some really good points in this. Saving money that you havn't spent yet is really gooood.
ReplyDeleteyou're family is smart! the visual helped me better understand how you save money :D
ReplyDeleteI do believe that if the economy gets worse than it is right now, we will have to take this seriously.
ReplyDeleteI agree with Melissa on this.
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