1 Answer

We were always have been advised to save some of our money is a savings account.

i do not know  about Canada, but in the US savings account are paying less than ONE HALF OF ONE PERCENT interest per year on savings and interest bearing Checking accounts .

With the current infatuation rate of 1&1/2 a percent.  A person is ahead, by over 1% per year by spending their money on things they expect to buy THIS year.  Even CD's are only 1% and then only on CD's over $5,000.

If you want to SAVE money, get one of the Credit Cards that are paying back from 1% to 5% on purchase charged to their cards.

If you pay the balance due EVERY month there are NO  interest charges and you will be ahead from 2% to 5% on EVERY dollar you charge to the card.

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Obama has been a disaster for the middle class in our country and he is trying to blame everyone else for what he has been doing wrong.   If re-elected, God help us, because it will only get worse.