Americans and Saving

March 3, 2008 at 5:10 pm | Posted in On Air | 8 Comments

Join us for a discussion about Americans and how they save money.  Many don’t think they have enough money to save, or don’t have any “extra” money to put away.  But now, one group is saying that even members of the “working poor” classification can find a way to save and improve their economic situation.  We’ll talk to a Federal Reserve Economist, a Wachovia Savings Director and a representative from a non-profit program called America Saves about what anyone who wants to save can do to increase their wealth.  What do you want to know about saving money?  Do you have any tricks that help you stash away dollars? 


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  1. It seems to me that the root of the problem you’re discussing today is a symptom of American capitalism. Our current capitalist culture encourages people to seek short-term gratification.

    We see the effect in government entities, corporations and the lives of individuals. More often than not, American governmental bodies borrow to pay for what’s needed rather than setting aside funds for long term plans. Corporations go for the profit available immediately with little or no concern for the long term satisfaction or even health of their consumers. How do we expect individuals to act any differently when the rest of society sets such an abhorrible standard? Instead of setting guidelines for finanacial education, our government should be setting an example worth following.

  2. I’d love to see our illustrious banks team up with Nobel Prize winner, Mr. Yunus, and create microloans. I am a pauper, but I give money to struggling folk overseas, through

    Any thoughts on microloans?

  3. Correction: I am a pauper who LOANS money to the even more poor…with very generous terms.
    I actually don’t care if it is paid back.
    I’m glad Charlotte banks are community-minded, and rather generous themselves.

  4. Read Dave Ramsey’s book “The Total Money Makeover”. He explains how ANYONE can get out of debt and save money. If they really want to….

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