Tuesday, February 26, 2008

Money Honey

Now I'm usually pretty oblivious to the world around me--it's true, I've got the embarrasing stories to prove it--but lately I've been in an intellectual mood. I normally just get the news from Letterman or SNL, but the past couple of days I've been listening to talk radio. Not just any talk radio--economics talk radio. Weird, huh?

I'm pretty sure I'm not the average listener. Callers often mention the $100,000 they put into a CD while I can't even find the CD I got in my stocking. Anyway, did you know that since the year 2000 the value of the dollar has gone down 40%? No wonder my grocery bills have almost doubled.

Inflation in the month of January alone was over 1%, meaning it's possible to have 12% inflation this year. Compare that to the interest your savings is currenlty earning. (I don't know what mine is, but the radio host said that 4% for investments is really good.)

All in all, this made me really glad that I spend money as soon as I get it. I won't have to hide receipts from my husband anymore. (Dan, if you're reading this, I'm just kidding.) But seriously, I just proved a point that will make women everywhere rejoice: Shopping saves you money!

Tomorrow I'll be switching radio stations and rocking out to Stephanie Smith again--on my way to the mall.


6 Comments:

Blogger Nemuro said...

This post has been removed by a blog administrator.

February 26, 2008 9:31 PM  
Blogger Zulkijora said...

This post has been removed by a blog administrator.

February 27, 2008 4:18 AM  
Blogger The Daily "B" said...

Hahaha! I have a legitimate excuse to shop? Woohoo!

February 27, 2008 12:43 PM  
Blogger Shauna said...

Well, that's a good enough reason for me. I'm all for preventitive measures and if spending today means saving tomorrow, I'm happy to oblige.

PS - I'm sending my hubby to read this post. He needs to be educated. ;-)

February 29, 2008 11:10 AM  
Blogger Kazahn said...

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March 1, 2008 2:52 AM  
Blogger Katybug said...

"Callers often mention the $100,000 they put into a CD while I can't even find the CD I got in my stocking."

Oh, THAT is TOO FUNNY!!!! I haven't listened to talk radio in a while. I like it, but I usually get so frustrated by whatever political situation is going on--something I can do absolutely NOTHING about, of course--that I had to quit listening for a while. My husband is an information junkie, so he listens to many different kinds of talk radio all the time. He likes listening to financial shows, partly b/c he is a financial adviser, and partly b/c he would like to do a show of his own. We'll see if God has that in the works for him. :-)

March 3, 2008 11:54 AM  

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