Zippo Savings

Here's a Money magazine article about our national savings rate. It's hard to believe, but the national savings rate is down to zero. Yet consumers are spending like crazy and where do they get this money? From the appreciation of real estate prices. Great... more debt! Click here.

People just need to be more financially literate. I was fortunate enough to enroll in a personal finance course in college. I remember my first job out of college and I was making $20,000 / year. I still managed to contribute the max to my retirement account. The key is to start early!