I read somewhere that says the recession is helping Americans rethink debt and that frugality is going to stay even when the economy turns. How great is that? I know. The recession is costing us many jobs and the recession wiped out a chunk of our retirement savings but what would happen if it didn’t happen?
If there’s no recession, we (on average) would just:
- Get more into debt
- Become even more materialistic
- Lose touch with the fact that not everything may go our way
Even if we won’t lose our job, isn’t that setting up for the worst ending in human history? So times aren’t too bad right? Think positive and before you know it, the recession will be over!