2009/03/17
saving vs. consumption as default actions
Lately, for good reason, there has been many advice columns telling people how to plan for personal financial goals. It always used to boggle my mind when I heard exhortations to save, where “save” is used in the sense of an action among which to choose, parallel to things like “invest” or “work”. Until I realized, some years back, that to save is a parallel action of choice to some.
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