The U.S. Savings rate is expected to climb – kind of a “day of reckoning” response to the debt contraction and job losses experienced during the past 12 months.
Kelly Evans, WSJ columnist, shares a viewpoint that expectations of frugality may be too optimistic.
Ms. Evans:
New frugality? Not so fast.
A sharply higher U.S. household-savings rate was expected
Continue reading Expectations For A Higher Savings Rate May Need To Be Tempered | How Frugal Have We Become?
Want the cleanest, simplest way to invest your savings? Some people are hurt by not saving regularly, while others lose out by chasing the latest, greatest investment.
Paul Sullivan, New York Times columnist, shares with us strategies for saving that employ simplicity. Paul Sullivan:
For the wealthy, index funds have an image problem. They are considered
Continue reading Saving and Investing – Keeping it Simple
According to a recent Putnam survey many people have a resolution to “save more”. Saving more money is higher on people’s New Years resolutions this year than perennial favorites such as dieting and exercising.
Unlike dieting and exercising, which require discipline and much effort, implementing a savings program can be easily put on autopilot.
It only requires
Continue reading Saving Money – Start the New Year With an Attitude to Save Money