Savings Rate

Jul
24

Is our savings rate as high as our government tells us?

Michael on July 24th, 2009
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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 [...]

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Mar
9

Spring was here, saving still is – which will hang around

Michael on March 9th, 2009
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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 [...]

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