More Than Half of Americans Think They're Not Saving Enough
Saving money takes discipline.
Unless you are fabulously wealthy (and most of us aren't), saving means taking cash we could be spending now on something we want and putting it away for a time in the future where we expect to need it. That's a tough transaction for most people. It's a lot easier to see the "value" of a steak dinner or family vacation now than to picture what retirement looks like 20, 30, or even 40 years into the future.
That may be why, while 80% of Americans said they are saving money in a new Bank of America survey, 51% said that it was not enough to reach their financial goals.
Source Fool.com
