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    • All Posts Tagged With: "spending"

    Four Reasons We Spend More Than We Should

    February 26th, 2008 5:11pm EST in Personal Finance, Saving | Comments (3)

    Americans are not saving money. Our national personal savings rate has been less than 1% since 2005, when our savings rate was actually negative; its lowest point since the Great Depression. If we are not saving, then we must be spending more than we ever have. But why?

    In his new book, Going Broke: Why Americans Can’t Hold On To Their Money, Connecticut College Professor of Psychology Stuart Vyse explains our unstoppable spending. Continued

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