Posted on Jan 24, 2024
44% of Americans can't pay an unexpected $1,000 expense from savings. ‘We're just not wired to...
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“We’re just not wired to save,” said Brad Klontz, a certified financial planner and expert in financial psychology and behavioral finance. Our brains are instead programmed to focus on our immediate needs.
44% of Americans can't pay an unexpected $1,000 expense from savings. ‘We're just not wired to...
Posted from cnbc.com
Personal Finance
Money
Behavioral Health
Edited 11 mo ago
Posted 11 mo ago
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We see that everyday now. Everyone is complaining about inflation and yet spending is way up. With interest earned up, it is the time to save, but, no, we have to buy, buy, buy.
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CPT Lawrence Cable
You actually have to have extra money after things like rent, utilities, food, insurance, and maintenance and gas for the vehicles. Even making 20 bucks an hour isn't a living wage in a lot of places. Wages and cost of living parted company 20 years ago.
The moron that tells you that he can't get anyone to show up for work, tell him the truth. No, no one wants to work for you for what you want to pay. An economic fact that escapes most MBA's and CFO's.
I watched a Dirty Jobs episode where the subject of the show scuba dived in sewage plants to clean/fix items that would require them to shut down. Now his outfit didn't allow contact between him and the sewage, but I realized that if the money was right, someone would do it.
The moron that tells you that he can't get anyone to show up for work, tell him the truth. No, no one wants to work for you for what you want to pay. An economic fact that escapes most MBA's and CFO's.
I watched a Dirty Jobs episode where the subject of the show scuba dived in sewage plants to clean/fix items that would require them to shut down. Now his outfit didn't allow contact between him and the sewage, but I realized that if the money was right, someone would do it.
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