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THE PSYCHOLOGY OF MONEY - Commented Book

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CHAPTER

Why We Don't Always Do What We Should Do With Money

The 401k, the backbone savings vehicle of American retirement, did not exist until 1978. The average college tuition over that time rose more than fourfold adjusted for inflation. Yet here we are, with between 20 and 50 years of experience in the modern financial system, hoping to be perfectly acclimated.

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