It boils down to this: fear is a major reason people fail to invest. Fear of making the wrong choice and missing out on maximum returns. Fear of having a lack of knowledge about certain markets. Fear of the unknown. Another key concern of potential investors is whether now is the best time to dip…
Giving Your Child an Allowance: Good or Bad?
When it comes to giving their children an allowance, parents typically take one of two approaches: No Strings Attached: Children are given a set amount (usually weekly) and are either free to spend it as they wish, or they must allocate it in certain ways. For example, they have a rule that a portion of…
Why Don’t Americans Save?
Americans are saving less–no surprise with the state of the economy. Many people, particularly in lower or middle-class households, don’t manage to put any money aside, even in boom times. It’s not just a recent problem, either: the savings rate has been falling steadily for the last 44 years. Despite uncertain economic conditions, wage stagnation and…
