Fachrizal Maulana – via Unsplash If government is supposed to be a bureaucracy that operates on behalf of the citizens, one couldn’t hope to find a better example than a yearly tradition at the state treasury of Iowa known as the “Great Iowa Treasure Hunt.” That makes it sound like there’s a big state tax … Read more
DZ Bank branch in Munich – credit Fred Romero CC 2.0. Having maintained the highest household savings rate among European countries for 10 years, German citizens have together squirreled away $11 trillion in personal wealth. This gargantuan rainy day fund was the result of a 20-21% average savings rate maintained by the country between 2014 … Read more
The front (left) and back (right) of the 2021 Mexico 50 peso note It’s always interesting to see what images states put on their money. Mexico recently redesigned its 50 peso note with the image of a perpetually smiling amphibian found only in the country called the axolotl, and it’s become so well loved it’s … Read more
Credit: Igal Ness Is Gen Z the strategic generation? A new poll shows they are shunning impulse spending in favor of long-term goals. The new nationwide survey of 2,000 Gen Z American adults (defined as those born between 1997 and 2012) revealed that one in three (33%) identified themselves as planners who budget, track spending, … Read more