Irish famine immigrants saved large amounts of money says American History Journal
Many who fled saved up to $10,000 in first 10 years as economy prospered
Published Saturday, February 2, 2013, 7:11 AM
Updated Saturday, February 2, 2013, 7:11 AM
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carrickcourt | Feb 02, 2013, 09:53 AM EST
Most interesting especially since I have an 8 Dec 1862 receipt from the office of the (New York) Irish Emigrant Society (No. 51 Chambers St) for a deposit by a Luke Daily. I have not been able to figure out how this receipt came down to my non Irish line of my ancestry or have I been able to discover much about this Luke Daily (note the spelling of the surname). I have been looking for anyone who might like to have this receipt.
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TisEyerish | Feb 02, 2013, 09:34 AM EST
This doesn't surprise me at all. I was once better than $30,000 in debt and had a checking account balance of -$12.95 for months, after I lost my business. I got a job, paid off all my debt and never again accrued any debt...I would panic if my checking account balance went under $3,000. Unfortunately, the bank disaster robbed me of everything once again...my job and most of the money I had in my 401K plan. Back to square one, only this time, I wasn't able to find another job due to my age (I was 61 at the time). Once my unemployment insurance ran out, I had to file for SS early...and lost about $400 a month, which represents money I would have gotten had I been able to work until age 66. I'm careful...very careful...about spending these days. Sigh.
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