Where People Save A Lot

For many different reasons, the savings rate for our nation and the cash we stash under our mattress can vary considerably.

Behavioral Economics: Your Language Might Influence Your Savings

While in English we say, “It will rain tomorrow,” someone speaking in German states, “It rains tomorrow.” According to UCLA economist Keith Chen, because their language makes the future feel closer, Germans deal with it more responsibly. I know, it sounds farfetched.…