Who isn’t concerned about the economy right now? If you’re wondering about your best options for taking care of your savings, the New York Times had a great article yesterday with some basic questions and answers for the average person worried about the stock market or bank failures.
The article is called “Is My Money Safe, And Other Questions to Ask” and you can read it here. It’s a good discussion of how to deal with all the recent economic uncertainty, with specific advice depending on your financial situation (Are you close to retirement? Saving for a child’s college education? Worried about losing your job?) No matter what your personal circumstances, paying down debt if you can, and putting some money aside in FDIC-certified bank accounts seems like a sensible recommendation.
While you’re thinking about money, now is also a good time to strategize about how to save on your heating bills this winter. Check out this article How to Make Your Home Energy Efficient for great tips on simple, inexpensive home improvements that can save energy and slash your utility bills.
Photo by ISTOCKPHOTO