Saving Germans squirrel away 10% of disposable income regardless of economic crises or interest rates, double that of the average European or American. Only Swedes & Swiss save more. In contrast, Britons save about 3%. In 2016, their savings rate was actually negative. 1778: world’s 1st savings bank founded in Hamburg. Most Germans view the…
Tag: frugal
Nothing Having no money forces us to be both creative & frugal – valuable skills for any entrepreneur to possess Guessed the Word? Series 22 (5/8) [pic: Klaus Hausmann]