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                    [Title] => A Widow’s Mite
                    [Summary] => I am a 70-year- old widow, and living on the cash savings which my late husband left for me. I have no other source of  income. Lately the effective interest rate (after tax) on my deposit has shrunk from 10 percent  to 3.3 percent  in less than three months effectively reducing my income to 30 percent of what it used to be. While I read in the papers that this is  good for the economy, all I know is  that now I have to borrow money for my basic needs. Why is this happening and what else can I do to alleviate my situation?
                    [DatePublished] => 2002-05-11 00:00:00
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                    [AuthorID] => 1739280
                    [AuthorName] => SAVOIR FAIRE  By Mayenne Carmona
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DISGRUNTLED PATIENT

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                    [Title] => A Widow’s Mite
                    [Summary] => I am a 70-year- old widow, and living on the cash savings which my late husband left for me. I have no other source of  income. Lately the effective interest rate (after tax) on my deposit has shrunk from 10 percent  to 3.3 percent  in less than three months effectively reducing my income to 30 percent of what it used to be. While I read in the papers that this is  good for the economy, all I know is  that now I have to borrow money for my basic needs. Why is this happening and what else can I do to alleviate my situation?
                    [DatePublished] => 2002-05-11 00:00:00
                    [ColumnID] => 135486
                    [Focus] => 0
                    [AuthorID] => 1739280
                    [AuthorName] => SAVOIR FAIRE  By Mayenne Carmona
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abtest

A Widow’s Mite

By SAVOIR FAIRE By Mayenne Carmona | May 11, 2002 - 12:00am

I am a 70-year- old widow, and living on the cash savings which my late husband left for me. I have no other source of income. Lately the effective interest rate (after tax) on my deposit has shrunk from 10 percent...

Modern Living