Meir Statman : Control spending and save more : Yahoo
As the holiday season approaches, Meir Statman, Glenn Klimek Professor of Finance, offers advice on how to control holiday spending and help save more. One of the biggest struggles to saving more is the sacrifice that takes, but “there is an emotional benefit to having money in the bank,” said Professor Statman. His biggest piece of advice is to turn saving into a habit. He said, “Once you start saving, it grows more on itself.”
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Nov 15, 2018