One suggestion my wife and I have used in our personal finance courses we teach at college is simply writing down all expenditures and seeing where the money goes. That alone will cause heads of households to think twice about x, y or z expenditure, and to consider carefully whether they really need something or not.
Mark SkousenI've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.
Mark SkousenGold and Silver have always had value, never gone to zero. Can you say the same for stocks and bonds?
Mark SkousenIn the early 1980s, I burned my Social Security card at the New Orleans Investment Conference in protest of the state pension system.
Mark Skousen