Save Thoughtfully

Dholakia, Paul; Tam, Leona
November 2008
Leadership Excellence;Nov2008, Vol. 25 Issue 11, p12
The authors offer tips for saving money effectively. According to them, the best approach is to automate savings by signing up for automatic payroll deductions to retirement accounts, to not set specific savings goals too far ahead and to decide how much to save each month instead. They also discuss the results of their study in relation to one's savings decisions and behavior.


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