Our Culture Discourages People from Being Wise with Their Money


In the South Florida Sun-Sentinel, February 15, 2006, Benjamin Tobias was quoted in the article Our Culture Discourages People from Being Wise with Their Money by Humberto Cruz. Analyzed in the article is America’s attitude towards spending rather than saving. Ben suggested, “People talk about what kind of car they are getting but it’s a ‘no-no’ to talk [in social settings] about how much you’ve saved for retirement. Maybe people should start speaking up about their savings, creating ‘peer pressure’ for others to save.”

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