Feb. 12, 2007


  • Today people follow the same saving or spending path until something touches them personally and forces a change. Until then "financial education" is just lip service.
  • At the heart of this trend is financial education . . . or rather the lack there of. Being maxxed out isn't a trend anymore. It's a way of life. We cannot wait for the public to shift gears in order to reverse the negative savings rate . . . we're going to have to do more to show them the way.