40% of Americans can’t cover a $400 emergency expense; 25% have no retirement savings

40% of Americans can’t cover a $400 emergency expense; 25% have no retirement savings

We keep hearing the mainstream media talk about the improving economy and the falling employment rate, but beneath the headlines and talking heads, we’ve seen consumer debt continue to climb. Why? Because those who don’t have sufficient funds either have to borrow, the likely option, on in some cases sell something. This has increased borrowing […]

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Many Americans Still Lack Retirement Savings 

Many Americans Still Lack Retirement Savings 

A Venn diagram overlay on our Aging of the Population and Rise & Fall of the Middle Class reveals a looming squeeze of the undersaved aging population. We’ve written quite a bit here about the low percentage of Americans that have socked away monies pre- and post-tax into retirement accounts and even emergency fund or “rainy […]

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Laser Marking Replaces Those Annoying Grocery Stickers… in Sweden

We’ve all been there – you arrive home from the grocery store and are ready to eat a nice apple, nectarine, avocado or some other fruit or veg, and you have to content with an annoying product sticker. Worse yet, you may not see it and wind up taking a bite out of it. Individually, […]

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Americans Tend To Be Poor Savers and Poor Planners When It Comes to Money

Americans Tend To Be Poor Savers and Poor Planners When It Comes to Money

While the October Employment Report showed a “surge” in wage, we’ve yet to see a shift away from the mentality that has led to such dismal savings and safety fund percentages among Americans. Maybe it’s the “spend it when you get it” mentality or perhaps it’s still just Cash-strapped Consumers, but either way there will […]

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More Americans Plan to Retire After 70 

More Americans Plan to Retire After 70 

While most acknowledge that people are living longer, one area that people are only coming around to realizing is living longer means either having to save more for their golden year or working later in life. As the data shows, however, it’s looking more and more like people will have to retire later (if at […]

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