A new Cornell University study finds that our brains are powerfully biased toward earning, making us far more focused on earning money rather than saving it.
The findings may help explain why Americans are surprisingly poor at saving money: The average American working-age couple has saved only $5,000 for retirement, while 43 percent of working-age families have no retirement savings at all, according to a 2016 analysis of a Federal Reserve survey.
“Fundamentally it comes down to this:...
[Read More ...]
No comments:
Post a Comment