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Your Money Really Matters, The Lost Art of Saving Money

By: Michael G. Shinn, CFP Personal Finance Views: 2108 | Comments: 0 | Votes: 0

Michael G. Shinn, CFP

The Lost Art of Saving Money Saving money is nearly a lost art in America. According to the U.S. Census Bureau, the national household savings rate has fallen from 10.8 percent in 1984 to a negative 0.5 percent in 2005. Over the past 20 years, not only are households saving less, but we have finally reached the point where we are spending more money than we are making. (Michael G. More