Tag: savings rate
Personal Savings Totals Would Surprise You! Personal Savings is key for weathering any storm like a recession or constant inflation. But recently, the data around person savings would outright surprise you! AJ and DC covers what’s going in the world of personal finance and gives you the data you NEED to know!
We can debate the finer mechanics of personal finance for what would seem like eternity. Questions like asset allocation (AA), stocks vs. bonds, 401(k) vs. Roth 401(k), etc. will live on for years. The question of savings rate, however, is about as cut and dry as America having an uptick in small digit amputations on Independence Day.
Here at The Wealthy Idiots, we have 8 rules that we abide by. We call these our truths. This isn’t financial advice, but it is our own finely tuned algorithm (A.J. Sheff approves of IT term usage), that we use to maximize our financial prosperity. God, I love the word prosperity. Let’s get to it.