You Need To Save Money - 3 tips VIDEO

I did this quick video talking about the need to save money.
I was watching Niall Ferguson's The Ascent of Money, and he talked about the U.S. being call Chimerica... I was floored to think that the U.S. would be controlled by China, because they're in so much debt to them.



There are three types of savings
1) Short Term - Emergency funds
2) Intermediate Term - Savings for more expensives fixes like furnace, car, home repairs etc
3) Long Term Savings - Retirement funds etc.

We need to talk more and more about saving money. It's not the most exciting topic. It's not as fun as the movie you just went to see, or the rock concert at the stadium. Saving money is pretty boring to be honest..

Saving money builds cash reserves that make you sleep better and worry less. It's all about insulating you and your family from the bumps in the road.

I went on to Youtube today and saw some videos about people who are ripping up their credit cards, setting their debts and doing other things to try to cope with this economic crisis.

What I would like to see more of are people who slow down their lifestyles and start to take financial control of their situation. It's not that hard... You just have to watch what you're doing and take notice.

I'm pleased to do this video if it encourages people to save more money, pay down credit cards, and get in control of their personal finances!

Good luck with your credit.