Whatever Happened to Thrift?: Why Americans Don't Save and What to Do about It

Not saving is more than just a problem that affects individual Americans and their families—it’s a national problem

It is no secret that Americans save very little: every economic index confirms as much. But to solve the real mystery, we must ask the questions, “Why?” “What are the effects on our economy?” and “What can be done about it?”

In this thoroughly researched and thought-provoking book, Ronald T. Wilcox clearly describes not only how the “savings crisis” adversely influences persona...