Today I am going to higlight some personal finance findings from around the web. With the economy going the way it is and now 1 out of three families saying they can’t pay the bills, it hardly a friendly scenario. So how do you survive and economy in recession like ours?
Firday’s Personal Finance Findings:
- Mint.com users feeling the hurt, pinching pennies-Personal finance site Mint.com has gathered data showing that its users spent an average of $300 less per month in August than in January this year — a 6 percent drop suggesting that the site’s 500,000 users are adjusting to the economic downturn (at least a little better than Wall Street).
- DOW Falls Below 9000- On Thursday the DOW hit it’s lowest point ever, exactly one year from the date it hit it’s all time high.
- The Credit Crunch May Cause Another Great Depression-The crisis is shaping up to be a perfect storm. Are we headed for the next Great Depression?
- Consumer bankruptcy filings up 29 pct in September-The number of consumer bankruptcy filings rose about 29 percent in September from a year ago, the American Bankruptcy Institute said Friday.
I know they are not very positive, but that wis the world of Finance for this Friday.
~Another Day
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I’m still waiting for them to throw all those billions at the problem.
These times definately require a level head and a good bit of belt tightening. I’m glad that my kids are grown, I don’t know how all the young couples, like you, are making it with kids to support.