Talk:Saving

From Wikipedia, the free encyclopedia

	This article is within the scope of the Economics WikiProject, an effort to create, expand, organize, and improve economics-related articles..
Start	rated as start-Class on the assessment scale
High	rated as high-importance on the importance scale

is a good time for someone to create an article, especially with the current, extremely low savings rate of Americans. There is some disagreement about what 'savings rate' is. If there is an answer to that which can be agreed upon by a few knowledgeable people, I would like to see it. Such an answer could, for example, tell us whether or not the American savings rate is in negative territory.

Other discussion could provide some education to thousands of people about the necessity of savings. Examples of the power of interest is often eye-opening. I'm always amazed at the number of people who do not know what the "rule of 72" is, which is just a rule of thumb that can tell you how long it would take for a person to double his money given certain returns on investment, assuming there is no fluctuation.

This is my appeal to writers. Thank you for responding. 69.6.162.160 01:22, 5 April 2006 (UTC)Brian Pearson