Americans aren't financially dumb, we just misbehave


Americans aren't financially dumb, we just misbehave
 

If you believe the reports, this country has a financial literacy problem.
I don't believe the reports.
We have a financial behavior problem. I'm not throwing stones here, because I have behavior problems, too. Our behavior and decision-making abilities tend to ignore empirical data, even when the negative outcome is obvious and known.
Take, for instance, smoking. I'm about to tiptoe here, because I'm not trying to get sued by big tobacco. The United States surgeon general states "there is no safe cigarette" and "(the poisons in cigarettes) damage DNA, which can lead to... read more

 
27 September 2015 in Business, Views: 14
Source: Usa Today
 


News Widget for Webmasters

Newsrt at twitter

«
»
Mo Tu We Th Fr Sa Su
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30