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Tag: saving

How to Increase Retirement Savings

How to Increase Retirement Savings: Key Insights from Behavioral Economics -By Brad Swain, Common Cents Lab Duke University The United States is currently under ongoing shift from predictable benefit pension plans to defined contribution plans. Unlike predictable, often mandatory, pension plans, defined contribution plans are often complicated to set up, vary substantially in their design, and must be opted…

Saving By Spending

This week, I visited a camera store to order two enlarged prints as a gift.  I don’t order photo prints very often; in fact, I’m not sure that I have ever ordered prints aside from graduation photos.  As I was making my purchase, the friendly, middle-aged woman who had been helping me asked whether I…