Monday, February 06, 2006
We're Not As Spendthrift As We're Often Portrayed
Americans are saving more than you think.
They aren't exactly thrifty, mind you, let alone as penurious as Suze Orman and the other personal-finance Puritans want them to be.
Years of measly raises have kept many workers from being full participants in the nation's economic growth and hurt their ability to build nest eggs. Many who do have good incomes and raises blow money on new luxury goods and debt service on old luxury goods.
We're Not As Spendthrift As We're Often Portrayed
Source: Hartford Courant
They aren't exactly thrifty, mind you, let alone as penurious as Suze Orman and the other personal-finance Puritans want them to be.
Years of measly raises have kept many workers from being full participants in the nation's economic growth and hurt their ability to build nest eggs. Many who do have good incomes and raises blow money on new luxury goods and debt service on old luxury goods.
We're Not As Spendthrift As We're Often Portrayed
Source: Hartford Courant
Permalink posted by armandn @ 1:15 PM 
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