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Reply to "This long after the recession, still afraid to spend money"
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[quote=Anonymous][quote=Anonymous]I think the biggest thing that continues to hang over my head is the expensive house I bought back in 2005. So much of my money has been tied up into paying down the mortgage that my savings isn't as high as it should be. The good news is that I know I can always rent out all or part of the house for more than my mortgage so it's nice to have a fallback plan if I lost my job, etc. But yeah, some may seem to have forgot about 2008 and are back to their normal spending ways, but many of us still are not. [b] The irony is that if all of us did go back to our pre-recession spending, the economy would really be going gangbusters.[/b] [/quote] True. It's good to be careful about spending but consumers still need to spend to improve the economy.[/quote]
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