A large portion of US adults don’t understand the difference between simple and compound interest.
Many are living with less than 1 month salary as savings.
This results in a largr portion with neither the mental space nor capability (or both) to worry about 6 months down the line when they have to worry for 6 days down the line
A large portion of US adults don’t understand the difference between simple and compound interest.
Many are living with less than 1 month salary as savings.
This results in a largr portion with neither the mental space nor capability (or both) to worry about 6 months down the line when they have to worry for 6 days down the line