The economy is getting a little scary.
Some leading economists say that the recession can last for another 18 months (putting us into the Spring/Summer of 2010), unemployment rate is highest in five years, only two of Wall Street’s five big U.S. investment banks remain, and the government has JUST orchestrated a $85 billion package for AIG.
How can I NOT be apprehensive in an environment such as this?
So I guess, it makes me feel better to have enough funds for… 11 months of bare-bones living. Almost a year. One more month and I’ll be at the One-Year mark.
Earlier this year, I was planning a mini-vacation to Las Vegas. But now, I decided that I’d rather hoard cash. One of the reasons why I love mini-getaways is because the hotels are always so clean and comfortable. But now I’ve cleaned up my piles of clothes and put on freshly laundered bed linens, my room is so much more welcoming. Given how everything is going, I’m planning to enjoy my weekends close to home for a while.