Tag: manage money

There’s a growing concern that working people aren’t saving for the future, but the reality is that many of them can barely get by in the here and now. A sizable minority of Americans say they are spending more than they earn, have overdue medical bills, or pay only the minimum on their credit cards…

Americans are known for being reluctant to spend their life savings after they retire. The burning question has always been why. New research comparing tight-fisted Americans with more free-spending Swedes found that U.S. retirees tend to hold on to their savings, because they face more risk of having to pay high out-of-pocket costs in t…