It’s 2009 and there’s an economic depression coming fast our way. Thousands of Americans have lost their jobs and the forecasts look bleak for the near future. If you’ve been on the fence about financial situations, then now is the time to jump into the savings side. Americans can no longer wrestle with the credit monster and expect to win. This year, as Obama said, change needs to happen.

I’ve fallen victim myself to the easy credit lending of major credit cards. They entice you with introductory offers, and they make spending thousands of unearned dollars quite easy. If you’re like me, you probably realized those hard earned dollars were being spent on interest and fees rather than the principle balance. It was a vicious cycle.

To become unburdened by debt and begin saving money for future, we need to set realistic goals for the year, as well as create a budget. We’re going to be talking about these topics, as well as new ideas to help you scrimp and save for that budget. In addition to new content, we’re always open to suggestions and ideas. Feel free to visit our forums to ask anything related to finance and savings, as well as here in the comments. If you’re a new reader, we hope you’ll stick around to learn something and contribute. You also never know when we’ll do a cool contest.

In the meantime, there are quite a few books that could help you jumpstart your money saving ways. You could try The Millionaire Next Door, Your Money or Your Life, or The Net Worth Workout. Any of these titles could help you create wealth and live a better life. And isn’t that what we want?

Do any of you have good financial books to recommend?

Tags: Personal Finances, Save Money

This entry was posted on Friday, January 9th, 2009 at 4:20 pm and is filed under General, Holiday Savings, Personal Finances, Save Money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.