How Our Brains Affect Our Savings Habits -- and What Experts Say to Do About It

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BREAKING NEWS

Try these mental tricks to boost your bank account

Financial experts recommend we keep a minimum of three to six months worth of expenses in a savings account for emergencies. Yet 42% of US households have less than $1,000 in savings, and 10% have none at all.

Most of us agree that saving money, whether for an emergency fund or to pay for a childs college education, is a good thing. Implementing a savings plan is another thing entirely. The rising cost of essentials such as groceries, rent and child care makes it harder to put money aside for future goals...


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