The degree of leverage now being reversed is staggering, and the underlying global imbalances - notably between the savers and the spenders - will require long and painful adjustment.
Quotes about savers (11 Quotes)
We think there's a fundamental shift beginning in Japan. People are moving from being savers to investors, and there's a need for higher returns to give people the quality of life they want in retirement.
For many kids, the only thing they know about money is how to spend it. By making classroom presentations on budgeting, savings and the value of compound interest, bank employees are attempting to turn the tide and create a generation of savers.
They made a promise six or seven years ago, and hopefully, they will finally be fulfilling it. We're still fighting for seniors and savers.
Educating girls to be money wise is a good investment. Girls need to learn to earn, and manage it wisely. They need to be smart consumers, vigilant savers, responsible givers, and active participants in the global economy.
With diligent work, you should be able to tame your debt. (But there) will need to be a change in the way you think, from that of spenders to the mentality of savers.
Those innocent screen savers, pictures and games that we once downloaded with abandon have much more ability to play havoc today,
We will never have real safety and security for wage earners unless we provide for safety and security for the wage payers and wage savers.
There were many years where the Fed Funds rate was as low as 1 percent and interest rates on savings products were awful, but that has really turned around for savers.
Current industry data shows that American workers aren't saving enough in their workplace-provided retirement programs, and our survey indicates that this lack of preparedness extends from the accumulation phase of retirement planning into the distribution phase. Even those who are conscientious savers and investors, including Baby Boomers now aged 55 to 58, aren't prepared to convert their retirement savings into a predictable retirement paycheck that they can't outlive.
It's an attempt to protect the little guy from himself. HR Block is helping people become first-time savers and not really profiting from it, at least to this point. Yes, there are fees, but there are also costs associated.