Savings Rate
Last night, I read Jason Zweig’s WSJ column Using the Lottery Effect to Make People Save. He highlights how people save more money when they have a chance (not a certainty) of receiving a cash prize. Despite the fact that their odds of winning were low, savers squirreled money away more aggressively due to the [...]
Continue reading about Is our savings rate as high as our government tells us?
It was in the fifties here in New Hampshire yesterday. In early March, that counts as a great day. It seemed like everyone was outside. Indeed, it was fun reconnecting with our neighbors over something besides a snow shovel. Having always lived in cold weather climates (New York, Michigan, Massachusetts, Illinois, New Jersey, and New [...]
Continue reading about Spring was here, saving still is – which will hang around
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