Quote:
Originally Posted by eastendlu
I am to broke to spend and if the gubment gave me money i would not spend it but save it for when things got better.
|
ah, good reply!
You basically can do 4 things with money.
1. put in in a jar and bury it (might not be a bad idea)
2. Pay off debt
3. Invest in stock or savings
4. Spend it.
Items 2-4 all BENEFIT the economy. Even if you put it in a savings account, that will increase the amount banks have on hand to lend!