Press Play with Madeleine Brand
The Myth of Extreme Saving
Despite an improving economy, Americans aren’t saving much money. According to one recent survey, as many as 40 percent of adults in the country are living paycheck-to-paycheck. Many personal finance gurus say the key to saving more is adopting more frugal habits. But we talk to one expert who says that advice misses the point.
By Madeleine Brand • • 1 min readDespite an improving economy, Americans aren’t saving much money. According to one recent survey, as many as 40 percent of adults in the country are living paycheck-to-paycheck. Many personal finance gurus say the key to saving more is adopting more frugal habits. But we talk to one expert who says that advice misses the point.
