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I missed America Saves Week

February 29th, 2012 at 10:12 am

Oh well. I didn't read much mention of it here.

$20 Challenge: Saved $230 (yes!) on Microsoft Office 2010 Professional. I am acquiring this program through legal means and will have an official license, if you must know. I get it on Tuesday. I sent my payment on Monday.

$20 Challenge 2: Saved $6 at the cinema yesterday. If a friend went with me she would have saved eight dollars. I got a free popcorn and with presentation of my membership card I got $3 off my admission. The film: Alfred Hitchcock's "The Lady Vanishes."

My mortgage cheque still has not been processed. I mailed it eight days ago and it is processed in six most times. I'll wait until March 2, and if it hasn't been processed I will put in an electronic payment.

Debt stats: Average credit card debt per household with credit card debt: $15,956, up slightly from two years ago. The majority of US households do not have credit card debt.

Total U.S. revolving debt (98 percent of which is made up of credit card debt): $801 billion, as of December 2011. This is down significantly from $866 billion, two years ago.

Eighty percent of lower income assets is in home equity. The easiest way for low income people to build assets is to pay off their mortgages. If they live where I do, they can expect a further decline of 6.9% in house value this year. I find the times where no investment yields a positive return frustrating.

Gold dove: might pick up a half-ounce today.
Bought $55 of General Electric. Considering Du Pont and Du Nemours, PepsiCo, more GoldCorp, General Electric and Procter & Gamble. What I do is triangulate among my present holdings, Jubak's Picks, and Value Line for Appreciation Potential.

1 Responses to “I missed America Saves Week”

  1. baselle Says:

    Every week is America Saves Week on savingadvice.com! I only heard about it from the Marketplace Money podcast.
    Big Grin

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