1. Is this too extreme at this time in the recession? No it is not, if you want to cut back on money then that's what you have to do. If your saving money in case one day you might lose your house or something happens then you won't have to worry.
2. Do you or your family do any saving to this extreme? If so, What? No, but I guess we should start.
3. Do you think that eventually we will all have to save 50% or more of our income each month? Yes I think we should in case something bad happens to the economy and people can't pay for the houses then they might need to start saving in case something like this happens.
4. What are other methods that you may know of to save more money? Not shopping as much, buying all the foods that go on sale, and cut back on driving so much so you won't have to pay $40 dollars.
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Deffinitely not buying things you dont really need. Carlin had a good idea to save gas. Car pooling!
ReplyDeleteyou make good points like people should save now ,just in case if something happens.
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