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Moneywise

Consumers are padding their checking accounts

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  • AT Elk River, MN
    July 22, 2014 4:24 a.m.

    "hoarding more cash". Is that an euphemism for "saving"?

  • JoeCapitalist2 Orem, UT
    July 22, 2014 11:22 a.m.

    Living within your means.
    Saving for a rainy day.
    Not paying outrageous overdraft fees.
    Thinking twice before going into debt for frivilous things.
    Not running up a huge credit card bill.

    Gee. Those things used to be called "common sense". Now they seem to be something new.

    The truth is, while technically the recession ended a while ago, too many people feel like we are still in one. The Obama "recovery" if you can call it that, is anemic at best.