Cash The Checks

A blog about online entrepreneurship, finance, business and making that money.
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Keep Spending Money
Tuesday August 12th 2008, 1:28 pm - Category: Spending

“We have nothing to fear but fear itself.” - John F. Kennedy

While it’s true this is not a “mental recession” as it was called a while back, your actions will decide the future of the American economy. There can only be two possible results from this economic problems..

  • Americans get scared, they take their money out of the bank, they stop spending and start saving. This will cause prices to go up and jobs to be lost. Surely a real recession will follow.
  • Americans start spending money again and get confident with the market. The economy picks up again.
  • Believe it or not, the only way to get money back is to give it up in the first place. But we all need to do this. If you spend money at somebody’s business, they’ll get paid and perhaps spend that money where you work at.
    The biggest obstacle is not the housing market or gas prices, it’s FEAR.
    - Edwin, CashTheChecks.com


    2 Comments so far

    I agreed this, Spending is what drives the economy, keeping money in savings doesn’t really do much for anyone.

    Comment by Scott Diebel 08.13.08 @ 11:00 pm

    I do agree that spending money does drive the economy however there are ways of doing it so that money stays in your pocket too. Saving money does not only mean not spending it. You can save by being careful when spending and keeping money in your pocket so you can put it towards your debts or put it in your savings account. That is why I Wrote “Negotiate Lose Your Fear of NO” so that I can help others find there way to success without having to work hard for it. You can have your cake and eat it too. Bob Stellato
    http://www.whynotnegotiate.com
    info@whynotnegotiate.com

    Comment by Bob Stellato 09.01.08 @ 5:35 pm


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