The Saver
Contents
Illustrate the Saver using the Personal Economic Model visual. |
The saver lives AT the zero line - they strive to owe nobody, but also tend to have future lifestyle asset base either. The saver saves at work for the future - typically through employer sponsored qualified investment plans. They also save extra for current lifestyle major purchases. The saver's strategy is to pay cash from savings and avoid debt and interest payments. However, the saver rarely replenishes the interest lost that they could have earned on the expended funds. |
No math presented on this screen. |