No. of Recommendations: 29
If they want people to save more PAY THEM MORE! That's the problem. It always comes down to forcing people to slice their pie thinner and thinner. More pie MF'ers! MORE PIE!

Have to differ on this one. I've done the payroll everywhere I've worked, so I've always known how much money people make, and it's been eye-opening to me to see how many people make more money than me, yet are living paycheck to paycheck and deeply in debt, while I'm not. Your choice of residence, car, clothes (and how many clothes), how often you eat out and where, how much do you travel and where, all are huge factors.

For many people, it's just "how they live". Pay them more and they will just spend more. It's not "wrong" necessarily, but it does have the consequence of not saving much for times when they might wish they had.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.