How are your savings?

[MilitantBEEMER]

That’s commendable. Well done. A VAST majority of Americans couldn’t do what you did.

We are blessed that is for sure. I try real hard to remember to take nothing for granted.

 

[O4L]

Excess household savings have fallen the last 23 months. The FED is saying that savings dropped from 2.1 trillion in 2021 to 190 billion in July and is falling 100 billion a month.

Savings will be depleted by the end of September.

How are yours?

My savings is closer to 190 billion than 2.1 trillion.

 

[THAT Gurl]

We're doing okay. Just waiting on Grumpy to hit 67 so he can stop working and stay home with me. ☺ Bless his heart, he was so sure he was gonna die before he hit 50 (every man in his family before him and his brother had died at 50 or before) that the last 9 years have been an adjustment for him. Silly fella ...

 

[caliberbob]

We're doing okay. Just waiting on Grumpy to hit 67 so he can stop working and stay home with me. ☺ Bless his heart, he was so sure he was gonna die before he hit 50 (every man in his family before him and his brother had died at 50 or before) that the last 9 years have been an adjustment for him. Silly fella ...

I’m glad he’s still kicking. Hope you two get to spend many retirement years together.

 

[Mr.Glock]

We diligently worked our way out of debt in December of 2022. (other than mortgage). We have also saved up an emergency fund of 4-6 months of expenses. Additionally we have cash flowed some needed home repairs (french drain, fences, garage doors, caulking, and a new coat of paint.)
Now we will focus on the mortgage and plan to have it paid off in the next 3-4 years. (Lord willing)
God has been good to us and we are thankful to be in a better financial position.

Awesome, great effort! Now imagine you never had debt all along!

 

[MilitantBEEMER]

Awesome, great effort! Now imagine you never had debt all along!

I wish I would have done things differently and earlier. That is for sure.
Still thankful we are where we are now. God is good.

 

[THAT Gurl]

I’m glad he’s still kicking. Hope you two get to spend many retirement years together.

Me too! I fuss about him sometimes but he's a pretty good fella.

 

[caliberbob]

Me too! I fuss about him sometimes but he's a pretty good fella.

My wife fusses about me too. To my face most of the time

 

[THAT Gurl]

My wife fusses about me too. To my face most of the time

Oh yeah!! If I've said it here -- or anywhere "in the wild" so to speak -- he has heard it at least a dozen or so times. God bless him, I think the man is half deaf ...

 

[cowadle]

Mine was holding its own til i went out and bought a tractor this week

I bought a tractor a couple of weeks ago too.