Posts Tagged ‘bank failure’

$700 Billion Club, that is.  Last night we had the biggest bank failure in U.S. history — Washington Mutual.  Today we’re waiting to find out what happens with the Treasury Secretary Paulson’s plan.  And, tonight there may or may not be a presidential debate.  It’s enough to make one want to take the day off and go to the movies.  Bad news.   More news.  Too much news to process.

Yesterday I had lunch with a friend who is saving as much money as she can right now.  Her plan is to start looking this spring for her first house to buy.  She believes prices will be just right by then.  Between now and then she’s researching neighborhoods so she’ll be ready to jump on a property if she needs to.  The important thing is:  she has a plan.  What’s your plan?