Fri, Mar 28 2008

Friday Fun Video: Are You Saving Your Money?

by Miranda Marquit | 3 Comments | Share a Tip

One of the biggest stories in the personal finance world right now is the fact that Americans have a negative savings rate. And, in the current economic slowdown, that needs to change. This public service announcement from the Feed the Pig campaign illustrates the point: We need slow down on buying things we don’t need.

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1508 days ago

Monday RoundUp - Finances, insurance, and that blasted email
[...] Yielding Wealth, Miranda’s got a fun video feature that captures my heart – and the essence of my own financial [...]

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By miranda

Thanks for your comments, Mark! We do complain about the cost of gas, and then do nothing to modify our habits. My husband has started taking the bus to school, and I’ve been practicing major trip consolidation lately. But, as always, we could do even more.

However, in order to make a significant change in the cost of gas, there has to be a viable alternative to compete with it. Unfortunately, we complain that there’s no alternative, and then we don’t support the development of technologies that could provide that alternative. The lion’s share of government subsidies still go to Big Oil, giving oil companies little incentive to change.

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By Mark

Do you think we could lower the price of gasoline if we all cut our driving back just a little (or perhaps left the Hummers on the lot for now)?

That’s a real hungry pig! Our automobiles!!! Yet, we bit** and bit** but don’t do anything about it.

Thanks for dropping by my place :)

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