The news broadcast today states that savings rates in the US are at a high unmatched since the 1980's - a five percent (5%) level. The same report stated that this rate needs to decrease to get the economic furnace fired up again. I am mystified. For most of my life I have heard the pundits despair that our savings rate was so low. We were usually compared (negatively) to Japan, where rates of savings were double-digit. But now, with this report, it seems that we are suddenly being told that savings is bad. I must disagree with that. I think savings is good - I just wish I had the money to be able to save some. I suspect I'm far from alone in that sentiment. 
I have two major trips/conferences scheduled for this summer. I will be attending the Bead & Button Show in June, and Metal Clay World in July. My personal savings right now are approximately $200. That's not going to take me far with either of these conferences. So, I'm putting everything aside that I can. By the time June comes around, I'll probably have at least $300 more put aside just from putting aside all of my change and $1 bills each night. It's rather amazing how quickly that can add up. I spend larger bills sometimes specifically to get some smaller bills that I can stash away. That's my savings plan. It's pretty basic, but it seems to be working for me. And if I can save the money necessary to fund incidentals at the two conferences this summer in this manner, I'll be very happy to join this savings revolution.
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