Lest we forget

Digging through 'stuff' I came across a newspaper cutting of the 18 month old medium S Clark sitting under a Christmas Tree in December 1987.
Lovely photo!
But alongside the lovely photo is an article:
Interest Fall Tipped Home loans may hit 13%

"Home loan interest rates could fall (sic) to 13 per cent by March if economic conditions are favorable (sic) a loans expert has forecast."

We forget that the present rates (whilst not insignificant) at between 5%-9% are certainly not at the frightening rates of 25 years ago!.
Of course there is another side of the coin. My last position was funded by the sale of a building which was then invested at up to 18%...as interest rates fell to the 13% lows...and lower; there was not enough revenue to continue the funding.
As we hear the whining about economic decline we should look back to 1987!!

How to save money!

One of the ways I save money is through indecision. I have been thinking for some months about buying the Amazon ereader Kindle You download books (paying for them) and then can store up to 1500 on your kindle. They are just becoming available for Australian use, which involves a wireless connectivity (see a good review here)

Then there's the iphone. I am not great fan of cell phones, but have been impressed by the youngest S Clark's ability to use it for almost everything (other than tidying her room). I can only afford one...and I also need to rememebr that I went to turn the desktop on two days ago and it didn't turn on. The time is coming to replace.

Soooooo...not being able to decide I just don't do it.

Hopefully by then the KindleDX (next model) will be better and cheaper.