Change attitude towards finance !!!

Right · 11-08-2008, 06:51 AM

American people have long lived on borrowed money.

That to me....is the root cause of the present financial crisis. American society provides all the health and retirement benefits to its citizens. That is, after all a good thing. But the same has resulted in people not believing in SAVINGS !!!

To make the economy very strong, it is inherently needed that its citizen save a lot. Savings have a positive ripple effect and makes the financial well-being of individual and the whole society in general....very strong.

As a popular saying goes....MONEY SAVED IS MONEY EARNED !!!

People should realize the importance of living within the means. It would help us a long way in times of crisis such as the ones we face now.

Regards,

Right

11-08-2008, 06:51 AM	#1
Right Member Join Date: Nov 2008 Posts: 39	Change attitude towards finance !!! American people have long lived on borrowed money. That to me....is the root cause of the present financial crisis. American society provides all the health and retirement benefits to its citizens. That is, after all a good thing. But the same has resulted in people not believing in SAVINGS !!! To make the economy very strong, it is inherently needed that its citizen save a lot. Savings have a positive ripple effect and makes the financial well-being of individual and the whole society in general....very strong. As a popular saying goes....MONEY SAVED IS MONEY EARNED !!! People should realize the importance of living within the means. It would help us a long way in times of crisis such as the ones we face now. Regards, Right Last edited by Right; 11-08-2008 at 06:58 AM.

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode