A few months ago the Government asked the patriotic effort of families to buy homes that are left over, now becomes a burden when the executive expressed his displeasure with the fact that households save more, as indicated in this press .
The Government is concerned that its citizens, already suffering from tax increases and welfare cuts, continue to sacrifice spending all the money that comes to stimulate domestic consumption and mask the gross domestic product figure.
have to do just the opposite, you have to save more than ever because we are living in a time of crisis and we must be prepared for whatever may come. Expectations of a speedy recovery are repeated again and again by the Government are not adequately justified. Continually speaks of green shoots but no doubt these are missing, ie we are in a desert and do not be fooled by the illusion, it is crisis time.
And in these circumstances is to save more, as families are doing. Similarly you need to save energy, is the current situation. And those savings should be used to invest in liquid assets such as funds, deposits or shares. It is also a good idea to invest in retirement, because as we are seeing the retirement age is delayed and the Social Security pension will be scarce.
course there is no need to invest in housing price keep falling. Except those who already have a mortgage, and what they have to do with that savings is possible to repay all the capital of the mortgage, because the Euribor is very low and will do in the near future is to grow, more expensive capital remains to be amortization.
Finally, save and reduce debt is to do at this time, the patriotic sacrifice demanded by the Government is suicide, besides being useless because it is bread for today, hunger tomorrow.
Regarding this issue can also read the following article as actually Net Saving families is quite small and can even to become negative, ie, more debt is needed to live.
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