The real reason why you can’t save any money

first_img 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Americans are notoriously bad savers. We have such of a hard time saving any money, that when the national savings rate manages to increase, it causes economic concerns. We’re the biggest consumer market in the world. We shop like it’s a sport, eat like kings, and leverage our personal balance sheets so we can live in McMansions and drive the latest fancy cars. We’re the Joneses of the world.How much do the Joneses save for the future? Not much. A survey from finds more than half of Americans have less than $10,000 saved for retirement, with one in three having nothing saved. Bankrate finds only 37% of Americans have enough money in savings to pay for life’s little surprises, like a $500 car repair or a $1,000 emergency room visit. In fact, 30 million Americans tapped what little retirement savings they do have for a financial emergency last year.Truth be told, spending money is often more fun than saving money. When we spend money we receive instant gratification, compared to saving money that rewards our future self at some unknown checkpoint down the financial road. Sure, we know that saving money can increase happiness, but without a shiny new purchase, it’s hard to keep that in mind on a daily basis. Shopping is supposedly the antidote for everything. continue reading »last_img read more


Dodgers stay hot, run away from Pirates

first_img Newsroom GuidelinesNews TipsContact UsReport an Error Chris Taylor and Yasiel Puig hit home runs in front of an announced crowd of 37,314 at Dodger Stadium. Taylor went 3 for 4 with a grand slam, Joc Pederson went 3 for 5, and three other Dodgers had two hits apiece.The Dodgers have won three in a row and eight of 10. Their last four victories have been by a combined final score of 43-10. It helps that the Dodgers have played only sub-.500 teams in that time – the Phillies, Giants, Padres and Pirates have all been struck with various shades of adversity in the season’s first month.At one point right-hander Jameson Taillon was scheduled to start Monday for the Pirates. Taillon, 25, has a 3.36 earned-run average 24 starts into a promising career. But he went on the disabled list Thursday with groin discomfort; Monday the team announced that Taillon was in Pittsburgh undergoing surgery for suspected testicular cancer.That opened the door for Trevor Williams, a 25-year-old relief pitcher, to make his second career start. It did not go well.Andrew Toles and Corey Seager began the game with nearly identical at-bats. Toles chopped a ball that dribbled parallel to the first-base chalk and never veered foul, a single. Seager chopped a ball a few feet fair that Williams failed to lob to first base in time, an error. With one out, Cody Bellinger walked to load the bases. Pederson drove a single to right field and Toles scored the Dodgers’ first run.Given a tremendous opportunity, Taylor continued to stake his claim as the Dodgers’ most surprising story of 2017. He saw three pitches from Williams – all sliders, all in the strike zone. Taylor tagged the third pitch to left-center field, his third home run of the season and his second career grand slam.A solo home run by Puig later in the inning gave the Dodgers a 6-0 lead.Counting a grand slam by Bellinger on Saturday – Sunday’s game was rained out – Taylor gave the Dodgers grand slams in consecutive games for the first time since September 2004.As the marine layer settled in over the stadium, the baseball stayed in the park. But the Dodgers were getting good pitches to hit and even better bounces, so it didn’t seem to matter.The Dodgers had runners on second and third base in the third inning when Yasmani Grandal hit a ball 84 feet down the first-base line in near-slow motion. Ordinarily a routine out, the Pirates’ infield was playing so shallow that first baseman Josh Bell couldn’t get to the ball in time. It bounced a few feet in front of the bag then veered foul for a two-run double.In the fourth inning, an RBI single by Turner and an RBI double by Pederson gave the Dodgers a 10-0 lead.In the seventh inning, Kiké Hernandez hit a grounder that bounced off the third-base bag, then up and over the head of third baseman Gift Ngoepe.Hernandez entered the game as a defensive replacement for Seager in the fifth inning. Seager was not hurt, but Roberts opted to rest his star shortstop for the final five innings of the blowout.Wood’s 11 strikeouts were a season high. In five starts this season he is 2-0 with three no-decisions and a 3.33 earned-run average.center_img LOS ANGELES >> Dave Roberts did not tell Alex Wood until Sunday that he would be starting Monday’s game against the Pittsburgh Pirates.Maybe Roberts should keep Wood in suspense more often.Wood didn’t allow a hit until the fourth inning of the Dodgers’ 12-1 win. He struck out 11 batters in five shutout innings and left with a 10-0 lead.• PHOTOS: Dodgers beat Pirates 12-1 at Dodger Stadium last_img read more