Saving With Gusto

Authors

  • Abraham Hernández VITALIS®/ISEG, Universidade de Lisboa
  • Fernando Galindo Universidad Anáhuac México
  • Jorge López VITALIS®
  • Fernanda Salas VITALIS®, Universidad Nacional Autónoma de México

DOI:

https://doi.org/10.33423/jabe.v22i13.3899

Keywords:

business, economics, saving for retirement, saving through spending, behavioral economics for retirement

Abstract

On current trends most people will not have access to a formal pension. We do not naturally save for retirement. We lack the “chipmunk chip”. Today, most elders depend on their family for support, but families are decreasing and disintegrating. Here we explore the alternative of saving for retirement through spending. Not everybody works (formally or not), but almost everybody spends. Thanks to technology is now possible to establish a robust savings platform that enables people to save very small amounts each time they spend. Behavioral economics developments have found ways to encourage people to do so.

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Published

2020-12-20

How to Cite

Hernández, A., Galindo, F., López, J., & Salas, F. (2020). Saving With Gusto. Journal of Applied Business and Economics, 22(13). https://doi.org/10.33423/jabe.v22i13.3899

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Articles