Mick Hunt explores why people know basic financial rules like saving more than spending and using a 401(k), yet many Americans still carry credit card debt and have no retirement savings. The gap isn't knowledge. It's doing it.
Chapters
What are like two things that that you know, people are going to get from this book?
I have an assumption that there's thousands and thousands of books on money, and I have an assumption that actually everyone knows what to do to get rich. I believe people know that they should save more than they should spend. I also assume that people know they should invest in things like their 401k or anything that's for their future self and not just hoard it all in a bank account. Now, if that's the general assumption, I would call this common sense. Why is it that the average American has not even $10,000 saved for retirement and has racked up credit card debt.