Here’s a blinding flash of the obvious: Americans are highly stressed about their finances.
Even before the economy went to Hell, people were experiencing all kinds of really negative feelings because…
When I tell clients they need to increase their reserves, I often hear things like “Well, how much do I need to keep there doing nothing?” or “I’d rather pay off my mortgage/student loan/car loan than leave all that money there doing nothing.”
When my kids were little we watched a lot of SpongeBob SquarePants—so much so that my now 18-year-old still calls up references to it in everyday conversation. SpongeBob aficionados will get this reference.