Today many people are losing their savings to higher food and fuel costs, not to mention the effect of rising utility, cable and internet bills. People who have saved for the future are seeing their savings erode at an average of 8% a year.
What can you do to help yourself?
Catherine Austin Fitts, a former consultant to Presidents on economic matters, discusses with former CNN newsman Greg Hunter what is creating the current economic environment and what you can do. I call the video below MUST SEE TV.
Two tips that come from the video:
1. Invest in things for your home that cut your overhead (translate: electric bill, water bill, etc.) An example would be adding a wood burning stove if you have a traditional fireplace. Another example would be sealing your air leaks around doors and windows with new gasketing, insulation or caulking material. Or turn off lights when you leave a room.
2. Find ways to make yourself useful to your neighbors and to others.
Enjoy the video. Watch it all. The gold nuggets are scattered throughout.
In case the video disappears, here’s the link: http://www.youtube.com/watch?v=m-xjFkW2NuE