Brigitte Madrian: On Saving and Investing
With so much focus on the economy and jobs, we recently spoke with Harvard Kennedy School’s Brigitte Madrian about what Americans can do to better save and invest. Madrian has four major pieces of advice: start saving through an employer sponsored savings plan, periodically reevaluate and increase your savings, pick a diversified asset allocation and keep the money in your savings account as long as possible.
Do you try and save your money? Let us know by leaving a comment below.
This year, 92nd Street Y’s Campaign for the American Conversation offers you insight and analysis from the best minds at the Harvard Kennedy School. HKS is collaborating with us on American Conversation Essentials – videos that explain the issues at play during this campaign year. The videos are the building blocks for your own conversations with friends, colleagues and even people you’re not sure you agree with. Start with the information we offer here and then keep your mind open as you discuss the topics of the day.
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