I see one huge silver lining in the current economic crisis our world is facing: Financial literacy is already becoming a huge hot topic. I’ve seen a marked increase in articles promoting frugality and even teaching kids about money.
Not surprisingly, it takes a massive calamity to open people’s eyes up to the importance of something. Let’s hope that the sudden new emphasis on frugality can lead us to the Promised Land: a nation of people who save at least 10% of their disposable income. There’s never been a better time for all of us to become Money Mammals.