Sunday, November 29, 2009

Going Broke: Why Americans can't hold on to their money by Stuart Vyse

Mostly statistics and some slightly interesting psychology. Some blaming of advertising and the ease of credit card use and some studies about it. Eh, but totally glosses over the fact that wages have stagnated a the cost of living continues to rise. When your paycheck is two dollars less than your mortgage amount, how are you going to contribute to a 401K?

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