Lessons from the 1940s – Save and Invest
Monday, October 4, 2010 by Sarah Sundin
The generation that fought World War II on the battlefield and on the Home Front had come through the Great Depression. While we cringe at today’s unemployment figures hovering around 10 percent (as we should), in 1932, 13 million were unemployed – 25 percent of the labor force at a time when most households had only one wage-earner. This generation learned the importance of managing money wisely. During ... Read Article