Steadfast Finances

 Consumer Education, Financial Crisis, Frugal Living, Public Awareness         2 comments

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A fascinating talk on how 72% of the American Gross Domestic Product — consumers — are changing their spending behavior, relying on old school frugality tips to save more money, and deleveraging (e.g. saying goodbye to credit) to reduce their liability and financial risk. Mr. Gerzema compiles an enormous amount …

 Consumer Education         12 comments

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Newsweek’s cover story entitled “Stop Saving Now!“ has altered — more like adulterated — the classic image of Uncle Sam’s military recruitment poster “I Want You” into a spending recruitment post of “I Want You to Start Spending“.
I’m so against this type of irresponsible financial mentality that it irks me …