Comments on: Year-End Tax-Saving Move: Tax Breaks for Saving http://www.consumerismcommentary.com/year-end-tax-saving-move-tax-breaks-for-saving/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Tue, 29 May 2012 02:26:10 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: southerngirl http://www.consumerismcommentary.com/year-end-tax-saving-move-tax-breaks-for-saving/comment-page-1/#comment-123672 southerngirl Thu, 22 Nov 2007 14:00:06 +0000 http://www.consumerismcommentary.com/2007/11/21/year-end-tax-saving-move-tax-breaks-for-saving/#comment-123672 I absolutely think the government should do more to encourage saving - the more people are encouraged to save and make smart financial choices the less the governement has to pick up the slack later (in terms of things like subprime bailouts, etc.) I wonder if it wouldn't be more prudent as well to encourage savings in some sort of more easy traditional form like savings accounts or CDs or something - a lot of lower income people (the type who most need to save SOMETHING) aren't going to have the access or knowledge to use a lot of things like 401Ks or IRAs or what have you. I absolutely think the government should do more to encourage saving – the more people are encouraged to save and make smart financial choices the less the governement has to pick up the slack later (in terms of things like subprime bailouts, etc.)

I wonder if it wouldn’t be more prudent as well to encourage savings in some sort of more easy traditional form like savings accounts or CDs or something – a lot of lower income people (the type who most need to save SOMETHING) aren’t going to have the access or knowledge to use a lot of things like 401Ks or IRAs or what have you.

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