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Since retiring in 2007, we typically have withdrawn funds monthly from our taxable accounts to pay for living expenses.   Last year, I decid...

Tuesday, March 24, 2009

Recession Factoids - March, 2009

CNN had some interesting facts from the recession which they summarized in Recession Snapshots: Facts, attitudes, analysis, Here are a few that I thought were interesting:

  • Number of unemployed in February, 2009: 12.5 million, 8.1%

  • Parents not confident the can pay for child's education: 40%

  • Mortgage holders owing more than their house is worth: 20%

  • Average credit card balance: $5,729

  • People polled who were cutting back on necessities: 32%

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    This is not financial advice. Please consult a professional advisor.

    Copyright © 2009 Achievement Catalyst, LLC
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    Posted by Super Saver at 4:44 PM

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